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UIDE UIDE

UIDEUIDE

TO LEADING LAW FIRMS

THE AM LAW 100/200THE GLOBAL 100/200

THE A-LIST THE CHINA 45 THE ASIA 50

CORPORATE SCORECARD

ZEUGHAUSER GROUP’S 2020 POCKET GUIDE TO THE AMERICAN LAWYER RANKINGS

Dear Clients and Other Friends: Last year our ZGuide heralded the expansion of legal markets across the globe, citing the most pro-business economy in over a half century—although we were quick to note that the business environment for 2020 looked less certain.

Big Law sailed through the first quarter of this year with the wind at its back. Demand was strong. M&A was hot. Private equity had plenty of dry powder. The stock market was hitting record highs. Unemployment was at record lows. On New Year’s Day, a virus named COVID-19 was half a world away.

By the end of the first quarter, things had changed. The virus had become a pandemic. New York’s Governor Cuomo had declared a state of emergency; the NYSE had gone remote, as had nearly all of Big Law and the rest of NYC, which was soon followed by the rest of the country—save the ~10% who were unemployed. By August 1st, 4,750,000 Americans had been infected; 157,000 had died, and more than 1,000 additional Americans were dying every day from the virus.

And that’s only half the story. On May 25th, George Floyd was murdered by a white Minneapolis police officer. The officer had his hands in his pockets throughout the murder. He used his knee to pin Floyd’s neck to the ground. Onlookers videotaping the murder with their cellphone cameras pleaded with the officer to let Floyd breathe. Staring into the cameras, the officer ignored them. Floyd didn’t get another breath, but his death and the ensuing spate of deaths of more Black Americans at the hands of police officers and vigilantes filled the lungs of tens of thousands of Black Lives Matter protestors across the U.S. and western Europe, giving life to a movement for racial justice unlike anything since the Freedom Riders and the civil rights movement of the early 1960s.

• ZGuide •

Our People

• ZGuide • • ZGuide •

At the time this foreword is being written, Big Law is about to head into budget season. Many law firms are having a good year and some even a better one than last. Most, though, are suffering modest to steep drops in revenue. The consensus view is that the downturn will stretch well into 2021, with the depth and duration likely tied to the life of the pandemic. The planning environment is a Rubik’s cube. Nonetheless, we are certain one truth is already emerging: longstanding trends in Big Law generally will be greatly accelerated. Among them:

• Working remotely is now pervasive and increasingly accepted, something nobody would have predicted at the outset of the year. Although it will likely subside some as needs dictate and the benefits of face-to-face meetings and hallway discussions can be enjoyed in the post-pandemic era, material numbers of people will continue to work remotely for material portions of their career.

• With more remote work, workforce wellness will be front and center. Firm leaders will have to be more communicative, and personal touchpoints from leaders at all levels of the firm will have to be increased and made meaningful. Leaders must capitalize on the latest interactive technologies to establish new communications channels that instill confidence in all lawyers in all of a firm’s offices that it is safe and valued for them to raise concerns. Firms will also need to find ways to foster the professional development of associates, evaluate the performance of lawyers and provide them with timely career feedback. All of this will be time-intensive and in many ways will redefine leadership roles and the skills needed to fulfill them.

• Less office space will be needed; more hoteling will take place; and some people will be moved from expensive downtown offices to less expensive space elsewhere. This will be particularly true for staff. Firms able to get ahead of this curve in ways that preserve the professional stature of personnel moved to satellite offices will enjoy a financial advantage.

• Investments in tech that paid off big time when the need to work remotely kicked in will grow as the need for better interactive meetings, training, and collaboration software and platforms grow. Already trials and mediations are proceeding virtually in some jurisdictions, and more and more, legal services are being delivered through apps. Tech is increasingly Big Law’s biggest driver. Data will be quick on its heels, multiplying and accelerating the benefits of consolidation.

• In response to the groundswell of support for the Black Lives Matter movement, Big Law is making renewed and stronger efforts to draw more diverse people into its ranks, particularly

black and brown people, to train and retain them, and to move them up into their partnerships. Righting Big Law’s failures in recruiting, training and promoting people of color has become an increasingly urgent moral imperative.

What remains less certain is the future of bilateralism v. globalism; how reparable is the trading relationship between the world’s two largest economies? The U.S. Presidential election looms. Will a President Trump drive a final nail in the coffin of globalism, or will a President Biden make an historic trip to Beijing on the one hand and try to stitch the Trans-Pacific Partnership back together on the other hand? To straddle the economic high-wire Big Law finds itself on, we look back to the basic principles we set forth in last year’s ZGuide and in the early stages of the pandemic this year:

• Firms ought first to be engaged in scenario planning: a best, worst, and most likely case for 2021 should be top priorities. Based on our experience, many firms would benefit from taking their worst-case scenario and doubling it to form one end of the spectrum of potential outcomes.

• A shared vision of success throttled by a high-performance culture is the greatest driver of market leadership. Be proactive in ratcheting up the average level of performance by raising expectations and graciously weeding out underperformers. This makes firm platforms more magnetic for top performers and creates a flywheel effect coming out of the downturn.

• Grow muscle in your market-leading, high-rate practices. Think of markets as geographies, practice areas, and sectors. Diptychs (e.g., energy in Houston) and triptychs (e.g., life sciences private equity in Boston) breed success.

• Ease out of low-rate markets. Although we advised doing this with alacrity in last year’s ZGuide, it is never too late.

• Be poised to move on lateral talent. It is already on the move. Vet more carefully than ever. Prioritize pursuits of people and teams identified and vouched for by your high performers and strategically important clients; avoid unconditional guarantees.

• Don’t skip a rate increase. Instead, defer rate increases for good clients in need of relief and, when you defer, get a share of the upside on results.

• Emphasize disciplined client and engagement intake and management coupled strongly with proactive pricing and practice management to produce high margins. Enhance your data analytics so that you have a firm grasp on the types of work and the practice areas within your firm that earn the highest returns.

• Check in with clients to ensure they perceive that your pricing is aligned with the value you are delivering. Put a marker down throughout the firm: service drives the perception of value.

• ZGuide • ZGuide • 1

MethodologyThe Am Law 200, The A-List . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

The Am Law 200Ranked by Profits Per Equity Partner . . . . . . . . . . . . . . . . . . 4

The Am Law 200Ranked by Value Per Lawyer . . . . . . . . . . . . . . . . . . . . . . . . . . 24

MethodologyThe Global Charts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34

The Global 100Ranked by Profits Per Equity Partner . . . . . . . . . . . . . . . 36

The Global 200Ranked by Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46

The China 45Ranked by Profits Per Equity Partner . . . . . . . . . . . . . . . 66

The Asia 50 Ranked by Number of Lawyers . . . . . . . . . . . . . . . . . . . . . . . 72

MethodologyThe Corporate Scorecard . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74

The Corporate ScorecardMergers & Acquisitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76Buyouts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77IPOs by U.S. Corporations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77IPOs by Non-U.S. Corporations . . . . . . . . . . . . . . . . . . . . . . 78Equities by U.S. Corporations . . . . . . . . . . . . . . . . . . . . . . . . 79Equities by Non-U.S. Corporations . . . . . . . . . . . . . . . . . . 80High-Yield Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 81Investment-Grade Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82Asset-Backed Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82Mortgage-Backed Securities. . . . . . . . . . . . . . . . . . . . . . . . . . . 83Municipal Bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84REIT Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85REIT Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86Project Finance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87

Law Firm Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89

Table of Contents

© ALM Media Properties, LLC and Zeughauser Group, LLC

Chart information reprinted with permission from the May, June, August 2020 and October, November 2019 issues of The American Lawyer (The Am Law 100, The Am Law 200, The A-List, The Global 100, The Global 200, The China 45 and The Asia 50). Corporate Scorecard data comes from ALM Legal Intelligence and was published in the April 2020 issue of The American Lawyer.

© 2019 and 2020 ALM Media Properties, LLC

Ron Beard Alex Dimitrief

Bruce McLean Paul Pearlman

Norm Rubenstein Jack Walker

Mary K Young Peter Zeughauser

Kent Zimmermann Lonnie Zwerin

• Manage to your high performers at all levels in the firm. These are the people that go down the elevator every day with options. Make sure they want to come up with their team the next morning. Stay close to your top and up-and-coming performers; make sure they have the resources they need to keep building and strengthen the platform.

We once again find ourselves evermore grateful to you, our clients, the many Am Law 200 and Global 200 and China 45 firms that participate in our Chair, COO, and CMO Roundtables, and to our many other friends in the industry for their interest in and enduring support of our work. And we truly appreciate the ~100 law firm chairs and managing partners and the numerous COOs and CMOs who have participated in our COVID-19 Flash Surveys and Zoom calls since the onset of the pandemic.

More than ever, we underscore our gratitude for your extraordinary contributions of time and money to pro bono representations and to the communities that depend on them around the globe. We are inspired by and join all of them in the belief that these contributions are cornerstones of the success and strength of the rule of law and the legal system we serve and cherish. And we ask not whether, but how, we can do more to support your efforts. We look forward to our continued work with you on these important endeavors. Sincerely,

ZGuide • 3

Methodology

• Compensation Average All Partners is the net operating income plus the fixed-income compensation paid to noneq-uity partners, divided by the total number of partners, both equity and nonequity.

• Value Per Lawyer (VPL) is the compensation average all partners divided by the total number of lawyers. That num-ber is then divided into $10 million to determine how many lawyers it takes to generate that amount.

Location of FirmsSome firms are identified as “International” or “National,” rather than identifying them by city, according to the distribution of their lawyers. International firms are those with 40 percent or more of their lawyers outside the United States. National firms are those with no more than 45 percent of their lawyers located in any single region of the U.S.

Vereins are broken out separately on the charts because their organizational structure, particularly regarding profit sharing among offices, differs significantly from traditionally structured Am Law firms.

The A-ListThe A-List, comprised of just 20 firms, is determined by rankings in five categories — pro bono, revenue per lawyer, associate satisfaction, racial diversity, and the percentage of female equity partners. Scores for revenue per lawyer and pro bono are weighted twice in calculating the overall score, which is the basis of the rankings. Additional information about the A-List is available on americanlawyer.com and in the August 2020 issue of The American Lawyer. u

2 • ZGuide

The Am Law 200

The Am Law 200 is reported by ALM journalists and researchers. Most law firms provide their financials voluntarily for this report, but all data, whether it comes officially from the firm or not, is investigated by reporters.

DefinitionsGross Revenue is fee income from legal work. It does not include disbursements or income from nonlegal ancillary businesses. Net operating income is total compensation paid to equity partners.

Equity partners are those who receive no more than half their compensation on a fixed-income basis. Nonequity partners are those who receive more than half their compensation on a fixed-income basis. Retired partners and of counsel are not counted as partners, nor are payments made to them included in net operating income.

Lawyer numbers are average full-time-equivalent figures for the 2019 calendar year. Temp and contract attorneys are not included.

Calculations• Gross Revenue is rounded to the nearest $500,000.• Profits Per Equity Partner, Revenue Per Lawyer, and

Compensation Average All Partners are rounded to the nearest $5,000.

• Profits Per Equity Partner (PPEP) is the net operating income divided by the number of equity partners.

• Revenue Per Lawyer (RPL) is the gross revenue divided by the total number of lawyers, measured on a FTE basis.

ZGuide • 5

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FirmLawyers, Partners, Location

Profits Per Equity Partner

Gross Revenue Am

Law

200

Rank

Revenue Per

Lawyer RPL R

ank

Compensation Average,

All Partners

1 1 Wachtell, Lipton, Rosen & Katz 265 Lawyers, 85 Equity Partners, New York $6,330,000 $882,086,000 47 $3,329,000 1 $6,330,000

2 2 Kirkland & Ellis 2,598 Lawyers, 450 Equity Partners, National $5,195,000 $4,154,600,000 1 $1,599,000 6 $2,516,000

3 3 Paul, Weiss, Rifkind, Wharton & Garrison 1,020 Lawyers, 153 Equity Partners, New York $4,699,000 $1,387,694,000 20 $1,360,000 22 $4,699,000

4 6 Sullivan & Cromwell 809 Lawyers, 164 Equity Partners, New York $4,653,000 $1,467,398,000 18 $1,814,000 3 $4,653,000

5 5 Quinn Emanuel Urquhart & Sullivan 827 Lawyers, 157 Equity Partners, National $4,556,000 $1,252,062,000 25 $1,514,000 10 $3,338,000

6 7 Davis Polk & Wardwell 975 Lawyers, 160 Equity Partners, New York $4,514,000 $1,444,000,000 19 $1,481,000 14 $4,514,000

7 8 Simpson Thacher & Bartlett 996 Lawyers, 191 Equity Partners, New York $4,417,000 $1,618,633,000 15 $1,625,000 5 $4,378,000

8 4 Cravath, Swaine & Moore 526 Lawyers, 85 Equity Partners, New York $4,414,000 $799,555,000 53 $1,520,000 9 $4,414,000

9 9 Weil, Gotshal & Manges 1,126 Lawyers, 168 Equity Partners, National $4,028,000 $1,517,889,000 16 $1,348,000 26 $3,028,000

10 11 Skadden, Arps, Slate, Meagher & Flom 1,694 Lawyers, 334 Equity Partners, National $3,919,000 $2,632,615,000 5 $1,554,000 7 $3,919,000

11 10 Milbank 765 Lawyers, 158 Equity Partners, New York $3,874,000 $1,069,027,000 35 $1,398,000 18 $3,651,000

12 13 Cahill Gordon & Reindel 285 Lawyers, 64 Equity Partners, New York $3,836,000 $387,800,000 97 $1,359,000 23 $3,662,000

13 16 Fried, Frank, Harris, Shriver & Jacobson 538 Lawyers, 104 Equity Partners, New York $3,790,000 $776,000,000 56 $1,442,000 16 $2,953,000

14 12 Latham & Watkins 2,720 Lawyers, 514 Equity Partners, National $3,780,000 $3,767,623,000 2 $1,385,000 19 $2,845,000

15 14 Gibson, Dunn & Crutcher 1,351 Lawyers, 326 Equity Partners, National $3,760,000 $2,008,334,000 11 $1,486,000 13 $3,205,000

16 17 Debevoise & Plimpton 710 Lawyers, 138 Equity Partners, New York $3,702,000 $1,049,459,000 36 $1,479,000 15 $3,702,000

17 18 Paul Hastings 954 Lawyers, 186 Equity Partners, National $3,418,000 $1,268,910,000 24 $1,330,000 28 $2,840,000

18 15 Boies Schiller Flexner 300 Lawyers, 52 Equity Partners, National $3,365,000 $405,000,000 93 $1,350,000 25 $1,669,000

19 — Cole, Scott & Kissane 477 Lawyers, 3 Equity Partners, Miami

$3,340,000 $167,000,000 163 $350,000 200 $154,000

20 20 Willkie Farr & Gallagher 696 Lawyers, 148 Equity Partners, New York $3,169,000 $868,000,000 49 $1,247,000 31 $2,853,000

4 • ZGuide

The Am Law 200The Largest Firms in the U.S., Ranked By Profits Per Equity Partner

Names of firms ranked 101 to 200 on The Am Law 200 are in bold. Firms noted with a star () are on The American Lawyer's “A-List.” (See the methodology on page 3.)

ZGuide • 7

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Revenue Per

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All Partners

21 19 Cleary Gottlieb Steen & Hamilton 1,210 Lawyers, 181 Equity Partners, International $3,066,000 $1,211,009,000 27 $1,001,000 63 $3,066,000

22 23 Schulte Roth & Zabel 348 Lawyers, 76 Equity Partners, New York $3,045,000 $465,177,000 84 $1,337,000 27 $3,045,000

23 25 Cadwalader, Wickersham & Taft 382 Lawyers, 46 Equity Partners, New York $3,009,000 $459,020,000 86 $1,202,000 38 $1,912,000

24 24 Dechert 974 Lawyers, 154 Equity Partners, National $3,002,000 $1,135,502,000 33 $1,166,000 42 $1,931,000

25 22 King & Spalding 1,165 Lawyers, 190 Equity Partners, National $3,000,000 $1,338,607,000 21 $1,149,000 45 $1,624,000

26 28 Sidley Austin 1,922 Lawyers, 313 Equity Partners, National $2,820,000 $2,337,803,000 6 $1,217,000 34 $1,792,000

27 27 Ropes & Gray 1,247 Lawyers, 256 Equity Partners, National $2,817,000 $1,903,616,000 13 $1,527,000 8 $2,817,000

28 29 Vinson & Elkins 656 Lawyers, 125 Equity Partners, Houston $2,798,000 $792,597,000 55 $1,208,000 35 $2,186,000

29 26 Proskauer Rose 744 Lawyers, 169 Equity Partners, New York $2,750,000 $1,004,942,000 41 $1,351,000 24 $2,243,000

30 30 Choate Hall & Stewart 171 Lawyers, 51 Equity Partners, Boston

$2,702,000 $256,818,000 123 $1,501,000 11 $1,836,000

31 21 Irell & Manella 82 Lawyers, 37 Equity Partners, Los Angeles

$2,684,000 $151,556,000 170 $1,839,000 2 $2,684,000

32 73 Buckley 113 Lawyers, 19 Equity Partners, Washington, DC

$2,637,000 $133,400,000 180 $1,181,000 40 $1,836,000

33 31 Goodwin Procter 1,091 Lawyers, 230 Equity Partners, National $2,607,000 $1,330,176,000 22 $1,219,000 33 $1,861,000

34 33 Akin Gump Strauss Hauer & Feld 910 Lawyers, 179 Equity Partners, National $2,599,000 $1,135,014,000 34 $1,247,000 31 $1,832,000

35 34 White & Case 2,204 Lawyers, 332 Equity Partners, International $2,598,000 $2,184,850,000 9 $991,000 67 $1,826,000

36 35 Cooley 1,009 Lawyers, 228 Equity Partners, Palo Alto, CA $2,535,000 $1,329,329,000 23 $1,318,000 29 $1,969,000

37 32 Shearman & Sterling 849 Lawyers, 135 Equity Partners, International $2,460,000 $968,164,000 42 $1,140,000 48 $1,905,000

38 41 Lowenstein Sandler 307 Lawyers, 50 Equity Partners, Roseland, NJ

$2,424,000 $343,128,000 107 $1,116,000 51 $1,546,000

39 36 Wilson Sonsini Goodrich & Rosati 842 Lawyers, 138 Equity Partners, Palo Alto, CA $2,420,000 $961,000,000 43 $1,142,000 46 $1,908,000

40 47 Fragomen, Del Rey, Bernsen & Loewy 582 Lawyers, 59 Equity Partners, International $2,345,000 $701,787,000 61 $1,207,000 36 $1,391,000

6 • ZGuide


ZGuide • 9

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Revenue Per

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All Partners

41 38 O'Melveny & Myers 667 Lawyers, 171 Equity Partners, Los Angeles $2,317,000 $835,342,000 52 $1,252,000 30 $2,256,000

42 39 Winston & Strawn 879 Lawyers, 150 Equity Partners, National $2,314,000 $1,012,310,000 40 $1,152,000 44 $1,392,000

43 40 Wilmer Cutler Pickering Hale and Dorr 844 Lawyers, 244 Equity Partners, National $2,313,000 $1,184,336,000 29 $1,403,000 17 $2,313,000

44 45 Orrick, Herrington & Sutcliffe 990 Lawyers, 117 Equity Partners, National $2,274,000 $1,158,537,000 31 $1,170,000 41 $1,344,000

45 42 Alston & Bird 796 Lawyers, 153 Equity Partners, Atlanta $2,251,000 $835,865,000 51 $1,050,000 59 $1,262,000

46 51 Fenwick & West 346 Lawyers, 82 Equity Partners, Mountain View, CA $2,169,000 $471,935,000 82 $1,363,000 21 $1,909,000

47 37 Kramer Levin Naftalis & Frankel 330 Lawyers, 69 Equity Partners, New York $2,163,000 $398,000,000 95 $1,206,000 37 $1,750,000

48 52 Stroock & Stroock & Lavan 243 Lawyers, 30 Equity Partners, New York

$2,104,000 $258,000,000 122 $1,062,000 57 $1,255,000

49 46 Morrison & Foerster 1,005 Lawyers, 181 Equity Partners, National $2,048,000 $1,147,200,000 32 $1,141,000 47 $1,498,000

50 54 Fish & Richardson 341 Lawyers, 99 Equity Partners, National $2,027,000 $472,232,000 81 $1,383,000 20 $1,445,000

51 47 McDermott Will & Emery 1,051 Lawyers, 206 Equity Partners, National $2,007,000 $1,172,114,000 30 $1,115,000 52 $1,173,000

52 44 Kobre & Kim 104 Lawyers, 32 Equity Partners, New York

$2,000,000 $183,761,000 160 $1,766,000 4 $2,000,000

53 49 DLA Piper 3,894 Lawyers, 422 Equity Partners, Verein $1,951,000 $3,112,130,000 3 $799,000 106 $1,008,000

54 43 Kasowitz Benson Torres 239 Lawyers, 36 Equity Partners, New York

$1,914,000 $216,808,000 143 $906,000 76 $1,115,000

55 50 Munger, Tolles & Olson 198 Lawyers, 90 Equity Partners, Los Angeles

$1,865,000 $295,341,000 114 $1,493,000 12 $1,865,000

56 60 Katten Muchin Rosenman 675 Lawyers, 131 Equity Partners, National $1,854,000 $669,709,000 63 $993,000 66 $1,059,000

57 57 Mayer Brown 1,632 Lawyers, 276 Equity Partners, International $1,812,000 $1,484,000,000 17 $909,000 74 $1,091,000

58 53 Greenberg Traurig 2,070 Lawyers, 311 Equity Partners, National $1,803,000 $1,641,790,000 14 $793,000 107 $877,000

59 55 Covington & Burling 1,112 Lawyers, 309 Equity Partners, Washington, DC $1,801,000 $1,187,388,000 28 $1,068,000 56 $1,801,000

59 59 Sheppard, Mullin, Richter & Hampton 780 Lawyers, 150 Equity Partners, Los Angeles $1,801,000 $799,139,000 54 $1,025,000 61 $1,152,000

8 • ZGuide


ZGuide • 11

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Revenue Per

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All Partners

61 63 Patterson Belknap Webb & Tyler 181 Lawyers, 47 Equity Partners, New York

$1,756,000 $215,122,000 144 $1,189,000 39 $1,732,000

62 56 Loeb & Loeb 392 Lawyers, 52 Equity Partners, National

$1,743,000 $370,164,000 103 $943,000 71 $893,000

63 62 Baker Botts 734 Lawyers, 197 Equity Partners, Houston $1,603,000 $751,070,000 58 $1,023,000 62 $1,311,000

64 65 Jenner & Block 461 Lawyers, 109 Equity Partners, Chicago $1,594,000 $448,005,000 87 $972,000 68 $1,116,000

65 70 Holland & Knight 1,212 Lawyers, 208 Equity Partners, National $1,567,000 $1,026,809,000 38 $847,000 89 $850,000

66 84 Robins Kaplan 215 Lawyers, 57 Equity Partners, Minneapolis

$1,564,000 $194,964,000 152 $908,000 75 $1,313,000

67 67 Pillsbury Winthrop Shaw Pittman 643 Lawyers, 139 Equity Partners, National $1,550,000 $677,320,000 62 $1,053,000 58 $1,120,000

68 72 Hogan Lovells 2,642 Lawyers, 536 Equity Partners, International $1,507,000 $2,246,050,000 8 $850,000 88 $1,183,000

69 68 Bracewell 339 Lawyers, 67 Equity Partners, Houston

$1,504,000 $284,000,000 117 $838,000 93 $934,000

70 74 McGuireWoods 989 Lawyers, 201 Equity Partners, Richmond, VA $1,474,000 $853,505,000 50 $863,000 85 $984,000

71 71 Morgan, Lewis & Bockius 2,063 Lawyers, 734 Equity Partners, National $1,471,000 $2,265,000,000 7 $1,098,000 53 $1,412,000

72 69 Baker McKenzie 4,809 Lawyers, 684 Equity Partners, Verein $1,465,000 $2,920,000,000 4 $607,000 155 $958,000

73 58 Williams & Connolly 1 328 Lawyers, 110 Equity Partners, Washington, DC

$1,454,000 $372,048,000 102 $1,134,000 49 $1,454,000

74 66 Nixon Peabody 591 Lawyers, 121 Equity Partners, National $1,447,000 $505,520,000 75 $856,000 87 $766,000

75 82 Foley & Lardner 1,023 Lawyers, 157 Equity Partners, National $1,423,000 $920,427,000 46 $900,000 78 $902,000

76 75 Manatt, Phelps & Phillips 297 Lawyers, 57 Equity Partners, Los Angeles

$1,414,000 $322,100,000 109 $1,084,000 54 $752,000

77 64 Hughes Hubbard & Reed 248 Lawyers, 37 Equity Partners, New York

$1,411,000 $288,100,000 116 $1,162,000 43 $951,000

78 77 Mintz, Levin, Cohn, Ferris, Glovsky and Popeo 2 477 Lawyers, 83 Equity Partners, Boston $1,410,000 $460,300,000 85 $965,000 69 $901,000

79 79 Perkins Coie 1,042 Lawyers, 181 Equity Partners, Seattle $1,371,000 $934,810,000 45 $897,000 79 $866,000

80 86 Winstead 299 Lawyers, 82 Equity Partners, Dallas

$1,361,000 $227,800,000 136 $762,000 120 $809,000

10 • ZGuide


1 This firm's FY 2018 figures were restated. 2 Fiscal year ends March 31. Results are projected in order to meet The Am Law 100's publishing deadline.

ZGuide • 13

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All Partners

81 — Pryor Cashman 175 Lawyers, 30 Equity Partners, New York

$1,358,000 $134,900,000 178 $771,000 117 $778,000

82 76 Foley Hoag 256 Lawyers, 50 Equity Partners, Boston

$1,353,000 $223,512,000 138 $874,000 84 $855,000

83 81 Reed Smith 1,602 Lawyers, 280 Equity Partners, National $1,320,000 $1,246,926,000 26 $778,000 112 $827,000

84 85 Morris, Manning & Martin 179 Lawyers, 41 Equity Partners, Atlanta

$1,306,000 $148,881,000 172 $830,000 95 $929,000

85 99 Baker & Hostetler 890 Lawyers, 126 Equity Partners, National $1,266,000 $732,494,000 59 $823,000 99 $750,000

86 89 Seyfarth Shaw 882 Lawyers, 196 Equity Partners, National $1,264,000 $717,370,000 60 $813,000 102 $780,000

87 87 Wiley Rein 249 Lawyers, 64 Equity Partners, Washington, DC

$1,257,000 $233,169,000 134 $936,000 72 $1,079,000

88 78 Brown Rudnick 219 Lawyers, 61 Equity Partners, National

$1,247,000 $217,831,000 142 $995,000 64 $954,000

89 90 Kilpatrick Townsend & Stockton 568 Lawyers, 111 Equity Partners, Atlanta $1,229,000 $478,817,000 78 $842,000 92 $800,000

90 80 Finnegan, Henderson, Farabow, Garrett & Dunner 279 Lawyers, 88 Equity Partners, Washington, DC

$1,210,000 $300,618,000 111 $1,077,000 55 $1,001,000

91 83 Arnold & Porter Kaye Scholer 919 Lawyers, 305 Equity Partners, Washington, DC $1,207,000 $951,900,000 44 $1,036,000 60 $1,207,000

92 94 Hunton Andrews Kurth 3 861 Lawyers, 185 Equity Partners, National $1,183,000 $756,000,000 57 $878,000 83 $889,000

93 98 Arnall Golden Gregory 155 Lawyers, 44 Equity Partners, Atlanta

$1,176,000 $115,700,000 190 $746,000 122 $751,000

94 103 Steptoe & Johnson 341 Lawyers, 103 Equity Partners, Washington, DC $1,173,000 $383,267,000 99 $1,123,000 50 $972,000

94 88 Venable 735 Lawyers, 170 Equity Partners, National $1,173,000 $657,038,000 64 $894,000 81 $825,000

96 96 Troutman Sanders 664 Lawyers, 178 Equity Partners, Atlanta $1,164,000 $549,617,000 70 $828,000 96 $887,000

97 101 Honigman 292 Lawyers, 115 Equity Partners, Detroit

$1,162,000 $242,860,000 129 $832,000 94 $820,000

98 108 Nelson Mullins Riley & Scarborough 740 Lawyers, 175 Equity Partners, Columbia, SC $1,145,000 $557,987,000 68 $754,000 121 $700,000

99 95 Jones Day 2,514 Lawyers, 908 Equity Partners, National $1,121,000 $2,077,000,000 10 $826,000 97 $1,121,000

100 93 Jackson Walker 372 Lawyers, 109 Equity Partners, Dallas

$1,120,000 $289,933,000 115 $780,000 111 $723,000

12 • ZGuide


3 Fiscal year ends March 31. Results are projected in order to meet The Am Law 100's publishing deadline..

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200 R

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Lawyer RPL R

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All Partners

101 96 Moore & Van Allen 297 Lawyers, 76 Equity Partners, Charlotte

$1,114,000 $210,322,000 146 $707,000 129 $722,000

102 104 Crowell & Moring 476 Lawyers, 96 Equity Partners, Washington, DC $1,111,000 $433,364,000 89 $911,000 73 $814,000

103 102 Squire Patton Boggs 1,485 Lawyers, 168 Equity Partners, Verein $1,097,000 $1,035,000,000 37 $697,000 132 $620,000

104 91 Thompson & Knight 278 Lawyers, 85 Equity Partners, Dallas

$1,067,000 $217,856,000 141 $784,000 110 $826,000

105 105 Duane Morris 658 Lawyers, 128 Equity Partners, National $1,062,000 $510,341,000 74 $775,000 115 $650,000

106 111 Arent Fox 385 Lawyers, 96 Equity Partners, Washington, DC

$1,042,000 $326,000,000 108 $847,000 89 $729,000

107 134 Cole Schotz 144 Lawyers, 50 Equity Partners, Hackensack, NJ

$1,029,000 $118,305,000 188 $819,000 100 $750,000

108 110 Allen Matkins Leck Gamble Mallory & Natsis 172 Lawyers, 77 Equity Partners, Los Angeles

$1,017,000 $171,428,000 162 $995,000 64 $925,000

109 106 Schiff Hardin 233 Lawyers, 60 Equity Partners, Chicago

$1,010,000 $186,437,000 158 $800,000 105 $645,000

110 106 Haynes and Boone 520 Lawyers, 127 Equity Partners, Dallas $1,008,000 $404,300,000 94 $777,000 113 $777,000

111 116 Blank Rome 553 Lawyers, 135 Equity Partners, Philadelphia $1,006,000 $474,010,000 80 $857,000 86 $726,000

111 111 Brownstein Hyatt Farber Schreck 229 Lawyers, 51 Equity Partners, Denver

$1,006,000 $205,409,000 149 $897,000 79 $641,000

113 124 Barnes & Thornburg 581 Lawyers, 243 Equity Partners, Indianapolis $1,001,000 $466,740,000 83 $803,000 104 $748,000

114 118 Gordon Rees Scully Mansukhani 806 Lawyers, 48 Equity Partners, National $974,000 $393,140,000 96 $488,000 188 $315,000

115 142 Polsinelli 849 Lawyers, 134 Equity Partners, Kansas City, MO $948,000 $580,437,000 67 $684,000 135 $549,000

116 113 Vedder Price 289 Lawyers, 121 Equity Partners, Chicago

$947,000 $255,000,000 125 $881,000 82 $836,000

117 131 Pepper Hamilton 427 Lawyers, 107 Equity Partners, Philadelphia

$943,000 $349,426,000 106 $818,000 101 $707,000

118 115 Kelley Drye & Warren 275 Lawyers, 88 Equity Partners, National

$940,000 $232,400,000 135 $845,000 91 $774,000

119 125 Shutts & Bowen 283 Lawyers, 89 Equity Partners, Miami

$937,000 $183,263,000 161 $648,000 143 $552,000

120 99 Locke Lord 611 Lawyers, 186 Equity Partners, Dallas $935,000 $496,433,000 76 $812,000 103 $741,000

14 • ZGuide


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Lawyer RPL R

ank


All Partners

121 114 Lewis Brisbois Bisgaard & Smith 1,528 Lawyers, 139 Equity Partners, Los Angeles $921,000 $642,000,000 65 $420,000 198 $394,000

122 121 Norton Rose Fulbright 3,266 Lawyers, 646 Equity Partners, Verein $914,000 $1,904,019,000 12 $583,000 164 $728,000

123 132 Cozen O'Connor 675 Lawyers, 190 Equity Partners, National $910,000 $517,301,000 73 $767,000 118 $651,000

124 147 Smith, Gambrell & Russell 230 Lawyers, 55 Equity Partners, Atlanta

$903,000 $133,385,000 181 $580,000 165 $518,000

125 123 Faegre Baker Daniels 4 674 Lawyers, 232 Equity Partners, Minneapolis $895,000 $521,138,000 71 $773,000 116 $757,000

126 127 Sullivan & Worcester 144 Lawyers, 33 Equity Partners, Boston

$894,000 $111,654,000 194 $777,000 113 $646,000

127 92 Chapman and Cutler 5 229 Lawyers, 91 Equity Partners, Chicago

$888,000 $207,104,000 148 $903,000 77 $696,000

127 128 Snell & Wilmer 416 Lawyers, 82 Equity Partners, Phoenix

$888,000 $270,000,000 120 $650,000 142 $639,000

129 122 Goulston & Storrs 195 Lawyers, 106 Equity Partners, Boston

$882,000 $187,124,000 157 $958,000 70 $882,000

130 136 Carlton Fields 287 Lawyers, 66 Equity Partners, Miami

$873,000 $198,752,000 151 $694,000 134 $548,000

131 135 Spencer Fane 276 Lawyers, 76 Equity Partners, Kansas City, MO

$862,000 $130,796,000 182 $474,000 192 $565,000

132 129 Curtis, Mallet-Prevost, Colt & Mosle 267 Lawyers, 31 Equity Partners, International

$861,000 $130,000,000 183 $487,000 189 $567,000

133 118 Shook, Hardy & Bacon 494 Lawyers, 133 Equity Partners, Kansas City, MO

$852,000 $353,517,000 104 $715,000 127 $641,000

134 130 Bryan Cave Leighton Paisner 1,399 Lawyers, 274 Equity Partners, International $833,000 $869,057,000 48 $621,000 147 $605,000

134 126 McElroy, Deutsch, Mulvaney & Carpenter 232 Lawyers, 38 Equity Partners, Morristown, NJ

$833,000 $115,698,000 191 $500,000 185 $415,000

136 133 McCarter & English 359 Lawyers, 89 Equity Partners, Newark

$827,000 $245,000,000 127 $683,000 136 $535,000

137 136 Davis Wright Tremaine 527 Lawyers, 167 Equity Partners, Seattle $824,000 $414,144,000 92 $786,000 109 $642,000

138 145 Benesch, Friedlander, Coplan & Aronoff 241 Lawyers, 66 Equity Partners, Cleveland

$811,000 $160,073,000 168 $665,000 139 $552,000

139 120 Drinker Biddle & Reath 6 523 Lawyers, 176 Equity Partners, Philadelphia $810,000 $431,075,000 90 $824,000 98 $699,000

140 150 Goldberg Segalla 424 Lawyers, 26 Equity Partners, Buffalo, NY

$808,000 $150,000,000 171 $354,000 199 $252,000

16 • ZGuide


4 Faegre Baker Daniels merged with Drinker Biddle & Reath on Feb. 1, 2020. These results reflect the legacy Faegre Baker operation only.5 This firm's FY 2018 figures were restated.6 Drinker Biddle & Reath merged with Faegre Baker Daniels on Feb. 1, 2020. These results reflect the legacy Drinker Biddle operation only.

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Law

200 R

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Revenue Per

Lawyer RPL R

ank


All Partners

141 143 Thompson Hine 348 Lawyers, 98 Equity Partners, Cleveland

$806,000 $234,852,000 133 $676,000 138 $568,000

142 117 Procopio, Cory, Hargreaves & Savitch 167 Lawyers, 50 Equity Partners, San Diego

$787,000 $116,662,000 189 $699,000 131 $664,000

143 139 Ogletree, Deakins, Nash, Smoak & Stewart 862 Lawyers, 194 Equity Partners, National $777,000 $520,099,000 72 $604,000 158 $542,000

144 141 Buchanan Ingersoll & Rooney 409 Lawyers, 92 Equity Partners, Pittsburgh

$775,000 $301,600,000 110 $737,000 125 $554,000

145 146 Day Pitney 268 Lawyers, 88 Equity Partners, Hartford, CT

$735,000 $166,281,000 164 $620,000 148 $613,000

146 140 Sherman & Howard 185 Lawyers, 80 Equity Partners, Denver

$733,000 $113,672,000 193 $614,000 149 $619,000

147 144 Williams Mullen 233 Lawyers, 77 Equity Partners, Richmond, VA

$732,000 $139,798,000 175 $600,000 160 $492,000

148 152 Gibbons 173 Lawyers, 37 Equity Partners, Newark

$730,000 $101,149,000 199 $586,000 162 $461,000

149 156 Hinckley, Allen & Snyder 138 Lawyers, 49 Equity Partners, Boston

$725,000 $105,189,000 197 $764,000 119 $581,000

150 153 Stoel Rives 347 Lawyers, 109 Equity Partners, Portland, OR

$719,000 $236,541,000 132 $681,000 137 $559,000

151 148 Dorsey & Whitney 525 Lawyers, 193 Equity Partners, National $717,000 $387,184,000 98 $738,000 124 $590,000

152 150 Fox Rothschild 7 860 Lawyers, 226 Equity Partners, Philadelphia $715,000 $555,000,000 69 $645,000 144 $611,000

153 109 K&L Gates 8 1,691 Lawyers, 405 Equity Partners, National $705,000 $1,026,626,000 39 $607,000 155 $535,000

154 175 Greenspoon Marder 229 Lawyers, 93 Equity Partners, Fort Lauderdale

$704,000 $163,302,000 166 $713,000 128 $631,000

155 149 Stinson Leonard Street 441 Lawyers, 130 Equity Partners, Minneapolis

$698,000 $269,073,000 121 $610,000 153 $465,000

156 154 Akerman 666 Lawyers, 254 Equity Partners, Miami $695,000 $436,098,000 88 $655,000 140 $565,000

157 161 Lewis Roca Rothgerber Christie 219 Lawyers, 103 Equity Partners, Phoenix

$689,000 $161,483,000 167 $739,000 123 $599,000

158 138 Rutan & Tucker 139 Lawyers, 69 Equity Partners, Costa Mesa, CA

$664,000 $101,420,000 198 $730,000 126 $587,000

159 157 Ice Miller 313 Lawyers, 131 Equity Partners, Indianapolis

$663,000 $204,236,000 150 $652,000 141 $586,000

160 165 Husch Blackwell 622 Lawyers, 155 Equity Partners, St. Louis $650,000 $380,303,000 100 $611,000 151 $463,000


18 • ZGuide

7 Fiscal year ends March 31. Results are projected in order to meet The Am Law 100's publishing deadline. 8 This firm's FY 2018 figures were restated.

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Gross Revenue Am

Law

200 R

ank

Revenue Per

Lawyer RPL R

ank


All Partners

161 162 Jackson Lewis 865 Lawyers, 265 Equity Partners, National $634,000 $486,149,000 77 $562,000 175 $488,000

162 — Hanson Bridgett 164 Lawyers, 67 Equity Partners, San Francisco

$629,000 $114,094,000 192 $696,000 133 $539,000

163 154 Porter Wright Morris & Arthur 222 Lawyers, 71 Equity Partners, Columbus, OH

$623,000 $133,949,000 179 $603,000 159 $426,000

164 160 Ballard Spahr 600 Lawyers, 253 Equity Partners, Philadelphia $621,000 $420,935,000 91 $702,000 130 $621,000

164 158 Bradley Arant Boult Cummings 509 Lawyers, 228 Equity Partners, Birmingham, AL

$621,000 $297,871,000 113 $586,000 162 $540,000

166 163 Saul Ewing Arnstein & Lehr 381 Lawyers, 116 Equity Partners, Philadelphia

$616,000 $239,077,000 131 $628,000 145 $470,000

167 173 Armstrong Teasdale 253 Lawyers, 75 Equity Partners, St. Louis

$615,000 $136,800,000 177 $541,000 180 $489,000

168 190 Miller, Canfield, Paddock and Stone 194 Lawyers, 59 Equity Partners, Detroit

$610,000 $106,687,000 196 $551,000 177 $441,000

169 164 Vorys, Sater, Seymour and Pease 352 Lawyers, 133 Equity Partners, Columbus, OH

$609,000 $193,787,000 153 $550,000 178 $545,000

170 159 Buchalter 303 Lawyers, 134 Equity Partners, Los Angeles

$603,000 $184,461,000 159 $609,000 154 $603,000

171 172 Michael Best & Friedrich 242 Lawyers, 74 Equity Partners, Milwaukee

$600,000 $144,352,000 173 $597,000 161 $426,000

172 167 Fisher & Phillips 386 Lawyers, 124 Equity Partners, National

$592,000 $222,511,000 139 $577,000 167 $484,000

173 169 Lathrop Gage 208 Lawyers, 47 Equity Partners, Kansas City, MO

$590,000 $127,335,000 184 $614,000 149 $409,000

174 166 Thompson Coburn 335 Lawyers, 142 Equity Partners, St. Louis

$587,000 $209,467,000 147 $626,000 146 $471,000

175 168 Dykema Gossett 375 Lawyers, 94 Equity Partners, Chicago

$586,000 $214,413,000 145 $571,000 171 $419,000

176 171 Dickinson Wright 464 Lawyers, 124 Equity Partners, Troy, MI

$584,000 $248,203,000 126 $535,000 181 $429,000

177 176 Quarles & Brady 449 Lawyers, 124 Equity Partners, Milwaukee

$565,000 $274,602,000 118 $611,000 151 $425,000

178 169 Adams and Reese 244 Lawyers, 95 Equity Partners, New Orleans

$564,000 $139,161,000 176 $569,000 172 $451,000

179 174 Womble Bond Dickinson 961 Lawyers, 240 Equity Partners, International $557,000 $475,723,000 79 $495,000 186 $419,000

180 178 Robinson & Cole 208 Lawyers, 67 Equity Partners, Hartford, CT

$556,000 $119,917,000 186 $577,000 167 $461,000

20 • ZGuide


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200 R

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Revenue Per

Lawyer RPL R

ank


All Partners

181 177 Burr & Forman 350 Lawyers, 154 Equity Partners, Birmingham, AL

$550,000 $192,201,000 155 $549,000 179 $431,000

181 185 Phelps Dunbar 298 Lawyers, 112 Equity Partners, New Orleans

$550,000 $141,900,000 174 $476,000 191 $550,000

183 182 Baker, Donelson, Bearman, Caldwell & Berkowitz 656 Lawyers, 198 Equity Partners, Memphis, TN

$547,000 $378,877,000 101 $577,000 167 $437,000

184 181 Knobbe, Martens, Olson & Bear 281 Lawyers, 169 Equity Partners, Irvine, CA

$544,000 $222,200,000 140 $791,000 108 $544,000

185 180 Clark Hill 579 Lawyers, 134 Equity Partners, Detroit

$519,000 $298,196,000 112 $515,000 182 $380,000

186 192 Frost Brown Todd 476 Lawyers, 156 Equity Partners, Cincinnati

$512,000 $241,824,000 130 $508,000 184 $382,000

187 179 Littler Mendelson 1,066 Lawyers, 396 Equity Partners, National

$500,000 $590,038,000 66 $553,000 176 $456,000

188 196 Miles & Stockbridge 210 Lawyers, 64 Equity Partners, Baltimore

$490,000 $119,264,000 187 $567,000 173 $384,000

189 194 Holland & Hart 401 Lawyers, 179 Equity Partners, Denver

$487,000 $243,515,000 128 $607,000 155 $474,000

190 187 GrayRobinson 269 Lawyers, 139 Equity Partners, Orlando

$486,000 $156,100,000 169 $580,000 165 $452,000

191 188 Dinsmore & Shohl 634 Lawyers, 159 Equity Partners, Cincinnati

$464,000 $271,460,000 119 $428,000 196 $348,000

192 186 Kutak Rock 518 Lawyers, 255 Equity Partners, National

$457,000 $255,897,000 124 $494,000 187 $418,000

193 183 Butler Snow 337 Lawyers, 152 Equity Partners, Jackson, MS

$455,000 $190,316,000 156 $565,000 174 $444,000

194 193 Wilson Elser Moskowitz Edelman & Dicker 835 Lawyers, 142 Equity Partners, National

$449,000 $352,800,000 105 $422,000 197 $331,000

195 195 Shumaker, Loop & Kendrick 247 Lawyers, 120 Equity Partners, Toledo, OH

$447,000 $125,927,000 185 $509,000 183 $377,000

196 184 Hinshaw & Culbertson 401 Lawyers, 97 Equity Partners, Chicago

$438,000 $193,480,000 154 $482,000 190 $316,000

197 189 Hodgson Russ 177 Lawyers, 88 Equity Partners, Buffalo, NY

$436,000 $101,105,000 200 $572,000 170 $381,000

198 198 Marshall, Dennehey, Warner, Coleman & Goggin 502 Lawyers, 268 Equity Partners, Philadelphia

$364,000 $225,852,000 137 $450,000 193 $364,000

199 200 Eckert Seamans Cherin & Mellott 378 Lawyers, 138 Equity Partners, Pittsburgh

$338,000 $165,707,000 165 $439,000 195 $279,000

200 199 Bond, Schoeneck & King 240 Lawyers, 124 Equity Partners, Syracuse, NY

$327,000 $107,197,000 195 $447,000 194 $331,000

22 • ZGuide


ZGuide • 25

2020

VPL

Ra

nk

Firm

VPL: Partner Comp/Number of Lawyers,

FY 2019

Lawyers Needed

to Generate $10 Million

21 Paul, Weiss, Rifkind, Wharton & Garrison

$706,000 14.16

22 Weil, Gotshal & Manges $699,000 14.31

23 Willkie Farr & Gallagher $697,000 14.35

24 Fish & Richardson $684,000 14.62

25 Wilmer Cutler Pickering Hale and Dorr

$668,000 14.97

26 Schulte Roth & Zabel $665,000 15.04

27 Vinson & Elkins $656,000 15.24

28 Akin Gump Strauss Hauer & Feld

$654,000 15.29

29 Goodwin Procter $642,000 15.58

30 Cooley $637,000 15.70

31 King & Spalding $630,000 15.87

32 Kobre & Kim $615,000 16.26

33 Sidley Austin $608,000 16.45

34 Honigman $606,000 16.50

35 O'Melveny & Myers $602,000 16.61

36 Dechert $601,000 16.64

37 McDermott Will & Emery $596,000 16.78

38 Winston & Strawn $582,000 17.18

39 Ropes & Gray $579,000 17.27

40 Alston & Bird $576,000 17.36

Firms noted with a star () are on The American Lawyer's "A-List." (See the methodology on page 3.) See headnotes on the chart ranking firms by Profits Per Equity Partner for information about changes in firms' status in 2019/2020. Names of firms ranked 101-200 in The Am Law 200 are in bold.

24 • ZGuide

Value Per LawyerThe Am Law 200, Ranked By Value Per Lawyer

2020

VPL

Ra

nk

Firm


FY 2019

Lawyers Needed


1 Wachtell, Lipton, Rosen & Katz $2,030,000 4.93

2 Irell & Manella $1,193,000 8.38

3 Quinn Emanuel Urquhart & Sullivan $1,053,000 9.50

4 Kirkland & Ellis $1,052,000 9.51

5 Gibson, Dunn & Crutcher $952,000 10.50

6 Sullivan & Cromwell $943,000 10.60

7 Choate Hall & Stewart $936,000 10.68

8 Cahill Gordon & Reindel $867,000 11.53

9 Simpson Thacher & Bartlett $866,000 11.55

10 Munger, Tolles & Olson $849,000 11.78

11 Latham & Watkins $827,000 12.09

12 Milbank $821,000 12.18

13 Fried, Frank, Harris, Shriver & Jacobson $819,000 12.21

14 Boies Schiller Flexner $790,000 12.66

15 Paul Hastings $786,000 12.72

16 Skadden, Arps, Slate, Meagher & Flom

$773,000 12.94

17 Davis Polk & Wardwell $742,000 13.48

18 Debevoise & Plimpton $718,000 13.93

19 Proskauer Rose $714,000 14.01

20 Cravath, Swaine & Moore $713,000 14.03

ZGuide • 27

2020

VPL

Ra

nk

Firm


FY 2019

Lawyers Needed


61 Shearman & Sterling $467,000 21.41

62 Orrick, Herrington & Sutcliffe $462,000 21.65

63 Morrison & Foerster $461,000 21.69

64 Cleary Gottlieb Steen & Hamilton $459,000 21.79

65 Brown Rudnick $455,000 21.98

65 Holland & Knight $455,000 21.98

65 White & Case $455,000 21.98

68 Vedder Price $447,000 22.37

69 Arnall Golden Gregory $446,000 22.42

70 Mintz, Levin, Cohn, Ferris, Glovsky and Popeo $444,000 22.52

70 Robins Kaplan $444,000 22.52

72 Cole Schotz $442,000 22.62

72 Manatt, Phelps & Phillips $442,000 22.62

74 Loeb & Loeb $440,000 22.73

75 Greenberg Traurig $439,000 22.78

76 Mayer Brown $432,000 23.15

77 Bracewell $428,000 23.36

78 Finnegan, Henderson, Farabow, Garrett & Dunner $424,000 23.58

78 Pryor Cashman $424,000 23.58

80 Chapman and Cutler $421,000 23.75

26 • ZGuide

2020

VPL

Ra

nk

Firm


FY 2019

Lawyers Needed


41 Kramer Levin Naftalis & Frankel $562,000 17.79

42 Fenwick & West $557,000 17.95

43 Lowenstein Sandler $546,000 18.32

44 Allen Matkins Leck Gamble Mallory & Natsis $541,000 18.48

44 Morgan, Lewis & Bockius $541,000 18.48

46 Buckley $536,000 18.66

47 Sheppard, Mullin, Richter & Hampton $514,000 19.46

48 Baker Botts $512,000 19.53

48 Barnes & Thornburg $512,000 19.53

50 Pillsbury Winthrop Shaw Pittman $509,000 19.65

51 Katten Muchin Rosenman $503,000 19.88

52 Covington & Burling $501,000 19.96

53 Wilson Sonsini Goodrich & Rosati $500,000 20.00

54 Williams & Connolly $488,000 20.49

55 Jenner & Block $486,000 20.58

56 Cadwalader, Wickersham & Taft $481,000 20.79

56 Wiley Rein $481,000 20.79

58 Goulston & Storrs $479,000 20.88

59 Patterson Belknap Webb & Tyler $475,000 21.05

60 Jackson Walker $473,000 21.14


ZGuide • 29

2020

VPL

Ra

nk

Firm


FY 2019

Lawyers Needed


101 Brownstein Hyatt Farber Schreck $373,000 26.81

102 Rutan & Tucker $372,000 26.88

103 Faegre Baker Daniels $371,000 26.95

104 Seyfarth Shaw $365,000 27.40

105 Lewis Roca Rothgerber Christie $362,000 27.62

106 Sherman & Howard $361,000 27.70

107 Venable $360,000 27.78

108 Hinckley, Allen & Snyder $359,000 27.86

108 Hogan Lovells $359,000 27.86

110 Sullivan & Worcester $358,000 27.93

111 Williams Mullen $351,000 28.49

112 Carlton Fields $350,000 28.57

112 Kilpatrick Townsend & Stockton $350,000 28.57

114 Cozen O'Connor $349,000 28.65

115 Arent Fox $343,000 29.15

116 Akerman $342,000 29.24

116 Drinker Biddle & Reath $342,000 29.24

116 Haynes and Boone $342,000 29.24

116 Reed Smith $342,000 29.24

120 Locke Lord $341,000 29.33

28 • ZGuide

2020

VPL

Ra

nk

Firm


FY 2019

Lawyers Needed


81 Winstead $420,000 23.81

82 Foley & Lardner $413,000 24.21

83 Morris, Manning & Martin $411,000 24.33

83 Steptoe & Johnson $411,000 24.33

85 McGuireWoods $408,000 24.51

86 Foley Hoag $405,000 24.69

86 Jones Day $405,000 24.69

86 Nelson Mullins Riley & Scarborough $405,000 24.69

89 Shutts & Bowen $403,000 24.81

90 Thompson & Knight $402,000 24.88

91 Arnold & Porter Kaye Scholer $401,000 24.94

92 Perkins Coie $400,000 25.00

93 Schiff Hardin $399,000 25.06

94 Blank Rome $396,000 25.25

95 Kasowitz Benson Torres $394,000 25.38

96 Nixon Peabody $391,000 25.58

97 Stroock & Stroock & Lavan $387,000 25.84

98 Troutman Sanders $385,000 25.97

99 Moore & Van Allen $384,000 26.04

100 Hunton Andrews Kurth $379,000 26.39


ZGuide • 31

2020

VPL

Ra

nk

Firm


FY 2019

Lawyers Needed


141 Smith, Gambrell & Russell $307,000 32.57

142 Fragomen, Del Rey, Bernsen & Loewy $304,000 32.89

142 Procopio, Cory, Hargreaves & Savitch $304,000 32.89

144 Day Pitney $301,000 33.22

145 Greenspoon Marder $300,000 33.33

146 Baker McKenzie $297,000 33.67

146 Benesch, Friedlander, Coplan & Aronoff $297,000 33.67

148 Shook, Hardy & Bacon $295,000 33.90

149 Hughes Hubbard & Reed $290,000 34.48

150 Burr & Forman $288,000 34.72

151 Shumaker, Loop & Kendrick $284,000 35.21

152 Gibbons $281,000 35.59

153 Butler Snow $275,000 36.36

154 GrayRobinson $272,000 36.76

155 Michael Best & Friedrich $269,000 37.17

156 Buchalter $267,000 37.45

157 Adams and Reese $265,000 37.74

158 Ballard Spahr $262,000 38.17

158 Vorys, Sater, Seymour and Pease $262,000 38.17

160 Miller, Canfield, Paddock and Stone $261,000 38.31

30 • ZGuide

2020

VPL

Ra

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FY 2019

Lawyers Needed


121 Hanson Bridgett $339,000 29.50

122 Duane Morris $338,000 29.59

123 Ice Miller $336,000 29.76

124 DLA Piper $334,000 29.94

125 Davis Wright Tremaine $332,000 30.12

126 Kelley Drye & Warren $329,000 30.40

126 Stoel Rives $329,000 30.40

128 Knobbe, Martens, Olson & Bear $327,000 30.58

129 Polsinelli $325,000 30.77

129 Thompson Coburn $325,000 30.77

131 Dorsey & Whitney $323,000 30.96

131 Thompson Hine $323,000 30.96

133 Crowell & Moring $321,000 31.15

133 Pepper Hamilton $321,000 31.15

135 Bradley Arant Boult Cummings $318,000 31.45

136 Spencer Fane $317,000 31.55

137 Snell & Wilmer $312,000 32.05

137 Stinson Leonard Street $312,000 32.05

139 Baker & Hostetler $309,000 32.36

139 McCarter & English $309,000 32.36


ZGuide • 33

2020

VPL

Ra

nk

Firm


FY 2019

Lawyers Needed


181 Baker, Donelson, Bearman, Caldwell & Berkowitz $231,000 43.29

182 McElroy, Deutsch, Mulvaney & Carpenter $229,000 43.67

183 Miles & Stockbridge $228,000 43.86

184 Lathrop Gage $221,000 45.25

185 Lewis Brisbois Bisgaard & Smith $217,000 46.08

186 Phelps Dunbar $207,000 48.31

187 Littler Mendelson $206,000 48.54

188 Bond, Schoeneck & King $201,000 49.75

188 Hinshaw & Culbertson $201,000 49.75

190 Squire Patton Boggs $199,000 50.25

190 Womble Bond Dickinson $199,000 50.25

192 Clark Hill $195,000 51.28

193 Marshall, Dennehey, Warner, Coleman & Goggin $194,000 51.55

194 Eckert Seamans Cherin & Mellott $178,000 56.18

195 Dinsmore & Shohl $169,000 59.17

196 Gordon Rees Scully Mansukhani $149,000 67.11

197 Goldberg Segalla $135,000 74.07

198 Curtis, Mallet-Prevost, Colt & Mosle $134,000 74.63

199 Wilson Elser Moskowitz Edelman & Dicker $125,000 80.00

200 Cole, Scott & Kissane $57,000 175.44

32 • ZGuide

2020

VPL

Ra

nk

Firm


FY 2019

Lawyers Needed


161 Hodgson Russ $260,000 38.46

161 Saul Ewing Arnstein & Lehr $260,000 38.46

163 Armstrong Teasdale $259,000 38.61

164 Frost Brown Todd $255,000 39.22

165 Buchanan Ingersoll & Rooney $253,000 39.53

165 Kutak Rock $253,000 39.53

165 Quarles & Brady $253,000 39.53

168 Jackson Lewis $252,000 39.68

169 Norton Rose Fulbright $248,000 40.32

170 K&L Gates $246,000 40.65

171 Ogletree, Deakins, Nash, Smoak & Stewart $244,000 40.98

172 Fisher & Phillips $242,000 41.32

172 Fox Rothschild $242,000 41.32

172 Robinson & Cole $242,000 41.32

175 Husch Blackwell $241,000 41.49

176 Holland & Hart $240,000 41.67

177 Dykema Gossett $236,000 42.37

178 Dickinson Wright $234,000 42.74

179 Bryan Cave Leighton Paisner $232,000 43.10

179 Porter Wright Morris & Arthur $232,000 43.10


ZGuide • 35

Profits Per Equity Partner (PPEP) PPEP figures were obtained from the same sources that provided the revenue figures and rounded to the nearest $1,000. Only the Global 100 were ranked by PPEP in The American Lawyer’s report. PPEP figures for other U.S. firms on the Global 200 chart are from the 2019 Am Law 200.

Gross RevenueThe firms ranked by Gross Revenue were determined by ALM to be the world’s 200 highest-grossing law firms. In most cases, gross revenues for U.S. firms were derived from the Am Law 200, while other firms were surveyed directly for The American Lawyer’s Global 200, Legal Week’s U.K. Top 100, or The American Lawyer’s Asia/China report. Gross revenue and revenue per lawyer figures were rounded to the nearest $1,000.

Number of LawyersRankings are based on the average number of full-time equivalent lawyers at the firm in the previous calendar year. For U.K. firms, the number of lawyers is based on the fiscal year ending April 30. Firms that are ranked were determined by ALM to be the world’s largest firms.

Most CountriesThe ranking in the last column of the Global 100 chart is based on the number of countries in which a firm has offices.

Location of FirmsOn the Global 100 and Global 200 charts, the country listed is the country where the firm had the highest percentage of lawyers. On the China 45 chart, the location is the city listed on the firm’s web site as the firm's main office. u

34 • ZGuide

The Global Charts were produced by ALM Legal Intelligence with reporting by The American Lawyer and other ALM publications. The Global 100 and the China 45 appeared in the October 2019 issue of The American Lawyer ; the Global 200 and the Asia 50 appeared in the November issue. A total of 240 firms were included on the Global 200 charts, but the ZGuide includes only the top 200 ranked by gross revenue, and the top 100 of those firms ranked by profits per equity partner. Although foreign law firms differ in structure from U.S. law firms, steps were taken in the research process to level the playing field. Currency conversion rates to U.S. dollars are annual averages for 2018.

The Global 100 chart (page 36) ranks the world's 100 largest law firms by profits per equity partner and includes data on revenue and rankings based on the number of lawyers in a firm and the number of countries in which a firm has offices.

The Global 200 chart (page 46) ranks the world’s 200 largest law firms by gross revenue and includes data and rankings, where available, for each firm’s profits per equity partner, revenue per lawyer, number of countries in which the firm has offices, and number of lawyers and equity partners.

The China 45 chart (page 66) ranks the largest firms in China by profits per equity partner and includes data on gross revenue and revenue per lawyer.

The Asia 50 chart (page 72) ranks the largest firms in the Asia Pacific region by the number of lawyers in that region and includes the country in which the firm has the most lawyers.

Methodology

Global Charts

ZGuide • 3736 • ZGuide

The Global 100The World’s Largest Firms, Ranked By Profits Per Equity Partner

2019

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1 1 Wachtell, Lipton, Rosen & Katz 267 Lawyers, 80 Equity Partners, U.S.

$6,530,000 $856,394,000 58 $3,207,000 232 164

2 3 Kirkland & Ellis 2,307 Lawyers, 430 Equity Partners, U.S.

$5,037,000 $3,757,000,000 1 $1,629,000 17 101

3 4 Paul, Weiss, Rifkind, Wharton & Garrison 1,022 Lawyers, 145 Equity Partners, U.S.

$5,020,000 $1,439,775,000 23 $1,409,000 53 87

4 6 Cravath, Swaine & Moore 519 Lawyers, 83 Equity Partners, U.S.

$4,620,000 $815,872,000 63 $1,572,000 160 136

5 2 Quinn Emanuel Urquhart & Sullivan 829 Lawyers, 168 Equity Partners, U.S.

$4,533,000 $1,250,855,000 30 $1,509,000 92 48

6 5 Sullivan & Cromwell 826 Lawyers, 164 Equity Partners, U.S.

$4,509,000 $1,435,810,000 24 $1,739,000 93 56

7 7 Davis Polk & Wardwell 982 Lawyers, 157 Equity Partners, U.S.

$4,406,000 $1,388,800,000 26 $1,414,000 60 87

8 8 Simpson Thacher & Bartlett 964 Lawyers, 190 Equity Partners, U.S. $4,088,000 $1,523,172,000 21 $1,580,000 65 78

9 9 Weil, Gotshal & Manges 1,117 Lawyers, 169 Equity Partners, U.S. $3,835,000 $1,460,380,000 22 $1,307,000 48 56

10 12 Milbank 728 Lawyers, 150 Equity Partners, U.S. $3,825,000 $1,034,020,000 44 $1,420,000 107 56

11 11 Skadden, Arps, Slate, Meagher & Flom 1,744 Lawyers, 349 Equity Partners, U.S.

$3,716,000 $2,672,706,000 5 $1,533,000 28 31

12 13 Latham & Watkins 2,540 Lawyers, 488 Equity Partners, U.S.

$3,452,000 $3,386,061,000 2 $1,333,000 11 25

13 14 Gibson, Dunn & Crutcher 1,307 Lawyers, 323 Equity Partners, U.S. $3,345,000 $1,819,873,000 17 $1,392,000 41 48

14 17 Fried, Frank, Harris, Shriver & Jacobson 514 Lawyers, 104 Equity Partners, U.S.

$3,268,000 $684,800,000 70 $1,333,000 164 116

15 19 Debevoise & Plimpton 655 Lawyers, 136 Equity Partners, U.S. $3,265,000 $929,301,000 51 $1,419,000 123 67

16 18 Paul Hastings 948 Lawyers, 187 Equity Partners, U.S.

$3,254,000 $1,220,007,000 32 $1,287,000 70 41

17 15 Cleary Gottlieb Steen & Hamilton 1,235 Lawyers, 186 Equity Partners, U.S. $3,162,000 $1,274,746,000 28 $1,032,000 42 31

18 16 Willkie Farr & Gallagher 658 Lawyers, 146 Equity Partners, U.S.

$3,089,000 $817,000,000 61 $1,242,000 121 78

19 10 Slaughter and May 540 Lawyers, 102 Equity Partners, U.K.

$3,073,000 $788,417,000 66 $1,460,000 154 116

20 21 King & Spalding 1,081 Lawyers, 194 Equity Partners, U.S. $2,847,000 $1,261,723,000 29 $1,167,000 50 41



2019

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21 20 Dechert 940 Lawyers, 164 Equity Partners, U.S. $2,728,000 $1,021,752,000 45 $1,087,000 74 27

22 23 Proskauer Rose 726 Lawyers, 173 Equity Partners, U.S. $2,660,000 $977,879,000 48 $1,347,000 108 87

23 26 Ropes & Gray 1,210 Lawyers, 250 Equity Partners, U.S. $2,552,000 $1,748,209,000 18 $1,445,000 44 87

24 28 Sidley Austin 1,943 Lawyers, 334 Equity Partners, U.S. $2,551,000 $2,219,763,000 8 $1,142,000 25 67

25 24 Vinson & Elkins 622 Lawyers, 125 Equity Partners, U.S. $2,517,000 $747,248,000 68 $1,202,000 133 67

26 30 Freshfields Bruckhaus Deringer 1,481 Lawyers, 370 Equity Partners, U.K. $2,485,000 $1,967,034,000 16 $1,328,000 36 21

27 33 Goodwin Procter 955 Lawyers, 220 Equity Partners, U.S. $2,463,000 $1,198,625,000 33 $1,255,000 68 87

28 25 Shearman & Sterling 882 Lawyers, 138 Equity Partners, U.S. $2,431,000 $955,461,000 50 $1,084,000 82 27

29 22 Akin Gump Strauss Hauer & Feld 885 Lawyers, 185 Equity Partners, U.S. $2,402,000 $1,071,486,000 39 $1,211,000 81 56

30 28 White & Case 2,150 Lawyers, 342 Equity Partners, U.S. $2,400,000 $2,050,500,000 14 $954,000 18 8

31 35 Cooley 946 Lawyers, 225 Equity Partners, U.S. $2,382,000 $1,226,149,000 31 $1,296,000 72 116

32 31 Wilson Sonsini Goodrich & Rosati 764 Lawyers, 131 Equity Partners, U.S. $2,350,000 $857,000,000 56 $1,121,000 104 101

33 38 Linklaters 2,351 Lawyers, 443 Equity Partners, U.K. $2,270,000 $2,176,432,000 9 $926,000 16 12

34 37 O'Melveny & Myers 673 Lawyers, 167 Equity Partners, U.S. $2,262,000 $800,600,000 65 $1,190,000 115 78

35 27 Allen & Overy 2,366 Lawyers, 388 Equity Partners, U.K. $2,215,000 $2,174,160,000 10 $919,000 15 5

36 32 Winston & Strawn 893 Lawyers, 152 Equity Partners, U.S. $2,162,000 $991,221,000 47 $1,110,000 79 78

37 36 Clifford Chance 2,416 Lawyers, 394 Equity Partners, U.K. $2,160,000 $2,262,356,000 7 $936,000 13 10

38 34 Wilmer Cutler Pickering Hale and Dorr 859 Lawyers, 252 Equity Partners, U.S. $2,151,000 $1,149,000,000 36 $1,337,000 85 87

39 40 Alston & Bird 817 Lawyers, 151 Equity Partners, U.S. $2,087,000 $812,325,000 64 $994,000 94 116

40 41 Orrick, Herrington & Sutcliffe 964 Lawyers, 118 Equity Partners, U.S. $1,989,000 $1,046,000,000 41 $1,085,000 65 56



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41 44 Morrison & Foerster 951 Lawyers, 167 Equity Partners, U.S. $1,982,000 $1,042,800,000 42 $1,097,000 69 67

42 39 Fragomen, Del Rey, Bernsen & Loewy 582 Lawyers, 61 Equity Partners, U.S. $1,884,000 $637,286,000 75 $1,095,000 144 12

42 45 McDermott Will & Emery 1,013 Lawyers, 173 Equity Partners, U.S. $1,884,000 $1,054,321,000 40 $1,041,000 57 67

44 43 DLA Piper 3,702 Lawyers, 401 Equity Partners, U.S. $1,874,000 $2,835,986,000 4 $766,000 4 5

45 47 Greenberg Traurig 1,962 Lawyers, 308 Equity Partners, U.S. $1,750,000 $1,556,740,000 20 $793,000 24 41

46 50 Covington & Burling 1,020 Lawyers, 286 Equity Partners, U.S. $1,734,000 $1,117,029,000 38 $1,096,000 54 56

47 48 Mayer Brown 1,570 Lawyers, 274 Equity Partners, U.S. $1,702,000 $1,389,000,000 25 $885,000 32 31

48 46 Sheppard, Mullin, Richter & Hampton 714 Lawyers, 140 Equity Partners, U.S. $1,689,000 $707,351,000 69 $991,000 110 87

49 49 Katten Muchin Rosenman 662 Lawyers, 140 Equity Partners, U.S. $1,682,000 $634,914,000 76 $958,000 119 116

50 42 Baker Botts 708 Lawyers, 190 Equity Partners, U.S. $1,662,000 $678,200,000 71 $958,000 111 67

51 66 Nixon Peabody 607 Lawyers, 131 Equity Partners, U.S. $1,503,000 $530,636,000 84 $874,000 137 164

52 58 Pillsbury Winthrop Shaw Pittman 629 Lawyers, 134 Equity Partners, U.S. $1,500,000 $645,866,000 74 $1,027,000 131 87

53 51 Baker McKenzie 4,720 Lawyers, 680 Equity Partners, U.S. $1,443,000 $2,900,000,000 3 $614,000 3 2

54 54 Holland & Knight 1,141 Lawyers, 184 Equity Partners, U.S. $1,424,000 $914,943,000 52 $802,000 46 101

55 53 Morgan, Lewis & Bockius 2,015 Lawyers, 717 Equity Partners, U.S. $1,391,000 $2,095,000,000 12 $1,040,000 22 35

56 57 Hogan Lovells 2,636 Lawyers, 523 Equity Partners, U.S. $1,381,000 $2,119,297,000 11 $804,000 9 16

57 59 Osler, Hoskin & Harcourt 462 Lawyers, 210 Equity Partners, Canada $1,372,000 $588,089,000 80 $1,273,000 181 136

58 71 McGuireWoods 1,014 Lawyers, 198 Equity Partners, U.S. $1,360,000 $817,055,000 60 $806,000 56 116

59 55 Kim & Chang 988 Lawyers, 180 Equity Partners, Korea $1,302,000 $901,000,000 53 $912,000 58 116

60 77 Ashurst 1,415 Lawyers, 241 Equity Partners, Australia $1,299,000 $856,568,000 57 $605,000 38 22



2019

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61 63 Perkins Coie 973 Lawyers, 175 Equity Partners, U.S. $1,287,000 $861,731,000 55 $886,000 62 164

62 67 Herbert Smith Freehills 2,093 Lawyers, 323 Equity Partners, U.K. $1,269,000 $1,290,465,000 27 $617,000 20 9

63 62 Reed Smith 1,544 Lawyers, 285 Equity Partners, U.S. $1,261,000 $1,174,973,000 35 $761,000 34 48

64 64 Foley & Lardner 975 Lawyers, 156 Equity Partners, U.S. $1,251,000 $836,675,000 59 $858,000 61 116

65 60 Arnold & Porter Kaye Scholer 939 Lawyers, 309 Equity Partners, U.S. $1,242,000 $961,200,000 49 $1,024,000 75 87

66 65 Venable 657 Lawyers, 160 Equity Partners, U.S. $1,165,000 $570,227,000 82 $868,000 122 164

67 69 Eversheds Sutherland 2,413 Lawyers, 199 Equity Partners, U.K. $1,161,000 $1,175,000,000 34 $487,000 14 4

68 74 Seyfarth Shaw 844 Lawyers, 202 Equity Partners, U.S. $1,140,000 $669,360,000 72 $793,000 90 101

69 68 Hunton Andrews Kurth 1 869 Lawyers, 180 Equity Partners, U.S. $1,097,000 $748,000,000 67 $861,000 83 78

70 72 Jones Day 2,518 Lawyers, 919 Equity Partners, U.S. $1,093,000 $2,057,000,000 13 $817,000 12 18

71 70 Troutman Sanders 645 Lawyers, 182 Equity Partners, U.S. $1,074,000 $521,531,000 86 $809,000 127 136

72 73 Baker & Hostetler 941 Lawyers, 131 Equity Partners, U.S. $1,035,000 $667,009,000 73 $709,000 73 164

72 78 Locke Lord 641 Lawyers, 170 Equity Partners, U.S. $1,035,000 $512,573,000 90 $800,000 129 116

74 75 Squire Patton Boggs 1,497 Lawyers, 169 Equity Partners, U.S. $1,027,000 $1,034,980,000 43 $691,000 35 12

75 76 Duane Morris 671 Lawyers, 126 Equity Partners, U.S. $1,010,000 $491,573,000 95 $732,000 116 56

76 — Nelson Mullins Riley & Scarborough 707 Lawyers, 181 Equity Partners, U.S. $996,000 $517,003,000 87 $732,000 112 164

77 79 K&L Gates 1,756 Lawyers, 180 Equity Partners, U.S. $990,000 $1,007,615,000 46 $574,000 27 22

78 90 Lewis Brisbois Bisgaard & Smith 1,308 Lawyers, 122 Equity Partners, U.S. $951,000 $552,000,000 83 $422,000 40 164

79 82 Simmons & Simmons 857 Lawyers, 168 Equity Partners, U.K. $949,000 $500,311,000 93 $584,000 86 16

80 85 Clyde & Co. 1,720 Lawyers, 219 Equity Partners, U.K. $922,000 $816,479,000 62 $475,000 29 18

1 Andrews Kurth Kenyon and Hunton & Williams merged in April 2018 to become Hunton Andrews Kurth.


The Global 100The World’s Largest Firms, Ranked By Profits Per Equity Partner 2 Bryan Cave merged with Berwin Leighton Paisner in April 2018 to become Bryan Cave Leighton Paisner.

3 Results have been updated since the publication of The Am Law 100 to reflect firm's actual year-end figures. 4 Results have been updated since the publication of The Am Law 100 to reflect firm's UK year-end figures.

2019

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81 61 King & Wood Mallesons 2,938 Lawyers, 471 Equity Partners, China $921,000 $1,133,000,000 37 $386,000 7 35

82 84 Norton Rose Fulbright 3,376 Lawyers, 681 Equity Partners, U.S. $907,000 $1,969,315,000 15 $583,000 6 5

83 83 Faegre Baker Daniels 669 Lawyers, 226 Equity Partners, U.S. $896,000 $512,913,000 89 $767,000 117 116

84 89 Bryan Cave Leighton Paisner 2 1,425 Lawyers, 281 Equity Partners, U.S. $844,000 $899,418,000 54 $631,000 37 35

85 — Cozen O'Connor 665 Lawyers, 185 Equity Partners, U.S. $828,000 $473,000,000 100 $711,000 116 3

86 86 Pinsent Masons 1,571 Lawyers, 183 Equity Partners, U.K. $817,000 $634,743,000 77 $404,000 31 35

87 88 Zhong Lun Law Firm 1,038 Lawyers, 293 Equity Partners, China $809,000 $527,000,000 85 $508,000 52 101

88 92 Ogletree, Deakins, Nash, Smoak & Stewart 847 Lawyers, 189 Equity Partners, U.S. $776,000 $509,774,000 91 $602,000 89 67

89 95 CMS 3,701 Lawyers, 602 Equity Partners, U.K. $766,000 $1,608,905,000 19 $435,000 5 3

90 93 Bird & Bird 1,180 Lawyers, 119 Equity Partners, U.K. $757,000 $482,404,000 97 $409,000 45 12

91 91 McCarthy Tétrault 655 Lawyers, 221 Equity Partners, Canada $752,000 $474,805,000 99 $725,000 123 116

92 87 Blake, Cassels & Graydon 618 Lawyers, 308 Equity Partners, Canada $747,000 $499,200,000 94 $808,000 134 87

93 94 Polsinelli 810 Lawyers, 122 Equity Partners, U.S. $739,000 $513,581,000 88 $634,000 95 164

94 96 Fox Rothschild 3 788 Lawyers, 224 Equity Partners, U.S. $695,000 $507,500,000 92 $645,000 100 164

95 — Womble Bond Dickinson 4 961 Lawyers, 240 Equity Partners, U.S. $557,000 $475,723,000 98 $495,000 67 136

96 99 Gowling WLG 1,219 Lawyers, 364 Equity Partners, U.K. $535,000 $616,970,000 79 $506,000 43 56

97 97 Dentons 9,795 Lawyers, 1,497 Equity Partners, China $533,000 $2,420,000,000 6 $247,000 1 1

98 98 Littler Mendelson 1,068 Lawyers, 381 Equity Partners, U.S. $521,000 $584,196,000 81 $547,000 51 116

99 — Allbright 2,600 Lawyers, 600 Equity Partners, China $403,000 $484,000,000 96 $186,000 10 136

100 100 Yingke 7,572 Lawyers, 362 Equity Partners, China $172,000 $624,000,000 78 $82,000 2 164

46 • ZGuide ZGuide • 47

The Global 200The World’s Largest Firms, Ranked By Revenue

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1 1 Kirkland & Ellis 2,307 Lawyers, 430 Equity Partners, U.S. $3,757,000,000 $5,037,000 2 $1,629,000 17 101

2 2 Latham & Watkins 2,540 Lawyers, 488 Equity Partners, U.S. $3,386,061,000 $3,452,000 12 $1,333,000 11 25

3 3 Baker McKenzie 4,720 Lawyers, 680 Equity Partners, U.S. $2,900,000,000 $1,443,000 53 $614,000 3 2

4 4 DLA Piper 3,702 Lawyers, 401 Equity Partners, U.S. $2,835,986,000 $1,874,000 44 $766,000 4 5

5 5 Skadden, Arps, Slate, Meagher & Flom 1,744 Lawyers, 349 Equity Partners, U.S. $2,672,706,000 $3,716,000 11 $1,533,000 28 31

6 6 Dentons 9,795 Lawyers, 1,497 Equity Partners, China $2,420,000,000 $533,000 97 $247,000 1 1

7 7 Clifford Chance 2,416 Lawyers, 394 Equity Partners, U.K. $2,262,356,000 $2,160,000 37 $936,000 13 10

8 8 Sidley Austin 1,943 Lawyers, 334 Equity Partners, U.S. $2,219,763,000 $2,551,000 24 $1,142,000 25 67

9 12 Linklaters 2,351 Lawyers, 443 Equity Partners, U.K. $2,176,432,000 $2,270,000 33 $926,000 16 12

10 10 Allen & Overy 2,366 Lawyers, 388 Equity Partners, U.K. $2,174,160,000 $2,215,000 35 $919,000 15 5

11 9 Hogan Lovells 2,636 Lawyers, 523 Equity Partners, U.S. $2,119,297,000 $1,381,000 56 $804,000 9 16

12 11 Morgan, Lewis & Bockius 2,015 Lawyers, 717 Equity Partners, U.S. $2,095,000,000 $1,391,000 55 $1,040,000 22 35

13 13 Jones Day 2,518 Lawyers, 919 Equity Partners, U.S. $2,057,000,000 $1,093,000 70 $817,000 12 18

14 16 White & Case 2,150 Lawyers, 342 Equity Partners, U.S. $2,050,500,000 $2,400,000 30 $954,000 18 8

15 14 Norton Rose Fulbright 3,376 Lawyers, 681 Equity Partners, U.S. $1,969,315,000 $907,000 82 $583,000 6 5

16 15 Freshfields Bruckhaus Deringer 1,481 Lawyers, 370 Equity Partners, U.K. $1,967,034,000 $2,485,000 26 $1,328,000 36 21

17 17 Gibson, Dunn & Crutcher 1,307 Lawyers, 323 Equity Partners, U.S. $1,819,873,000 $3,345,000 13 $1,392,000 41 48

18 18 Ropes & Gray 1,210 Lawyers, 250 Equity Partners, U.S. $1,748,209,000 $2,552,000 23 $1,445,000 44 87

19 20 CMS 3,701 Lawyers, 602 Equity Partners, U.K. $1,608,905,000 $766,000 89 $435,000 5 3

20 19 Greenberg Traurig 1,962 Lawyers, 308 Equity Partners, U.S. $1,556,740,000 $1,750,000 45 $793,000 24 41



2019

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21 23 Simpson Thacher & Bartlett 964 Lawyers, 190 Equity Partners, U.S. $1,523,172,000 $4,088,000 8 $1,580,000 65 78

22 22 Weil, Gotshal & Manges 1,117 Lawyers, 169 Equity Partners, U.S. $1,460,380,000 $3,835,000 9 $1,307,000 48 56

23 25 Paul, Weiss, Rifkind, Wharton & Garrison 1,022 Lawyers, 145 Equity Partners, U.S. $1,439,775,000 $5,020,000 3 $1,409,000 53 87

24 21 Sullivan & Cromwell 826 Lawyers, 164 Equity Partners, U.S. $1,435,810,000 $4,509,000 6 $1,739,000 93 56

25 24 Mayer Brown 1,570 Lawyers, 274 Equity Partners, U.S. $1,389,000,000 $1,702,000 47 $885,000 32 31

26 26 Davis Polk & Wardwell 982 Lawyers, 157 Equity Partners, U.S. $1,388,800,000 $4,406,000 7 $1,414,000 60 87

27 29 Herbert Smith Freehills 2,093 Lawyers, 323 Equity Partners, U.K. $1,290,465,000 $1,269,000 62 $617,000 20 9

28 28 Cleary Gottlieb Steen & Hamilton 1,235 Lawyers, 186 Equity Partners, U.S. $1,274,746,000 $3,162,000 17 $1,032,000 42 31

29 30 King & Spalding 1,081 Lawyers, 194 Equity Partners, U.S. $1,261,723,000 $2,847,000 20 $1,167,000 50 41

30 27 Quinn Emanuel Urquhart & Sullivan 829 Lawyers, 168 Equity Partners, U.S. $1,250,855,000 $4,533,000 5 $1,509,000 92 48

31 34 Cooley 946 Lawyers, 225 Equity Partners, U.S. $1,226,149,000 $2,382,000 31 $1,296,000 72 116

32 33 Paul Hastings 948 Lawyers, 187 Equity Partners, U.S. $1,220,007,000 $3,254,000 16 $1,287,000 70 41

33 38 Goodwin Procter 955 Lawyers, 220 Equity Partners, U.S. $1,198,625,000 $2,463,000 27 $1,255,000 68 87

34 39 Eversheds Sutherland 2,413 Lawyers, 199 Equity Partners, U.K. $1,175,000,000 $1,161,000 67 $487,000 14 4

35 32 Reed Smith 1,544 Lawyers, 285 Equity Partners, U.S. $1,174,973,000 $1,261,000 63 $761,000 34 48

36 31 Wilmer Cutler Pickering Hale and Dorr 859 Lawyers, 252 Equity Partners, U.S. $1,149,000,000 $2,151,000 38 $1,337,000 85 87

37 35 King & Wood Mallesons 2,938 Lawyers, 471 Equity Partners, China $1,133,000,000 $921,000 81 $386,000 7 35

38 46 Covington & Burling 1,020 Lawyers, 286 Equity Partners, U.S. $1,117,029,000 $1,734,000 46 $1,096,000 54 56

39 37 Akin Gump Strauss Hauer & Feld 885 Lawyers, 185 Equity Partners, U.S. $1,071,486,000 $2,402,000 29 $1,211,000 81 56

40 47 McDermott Will & Emery 1,013 Lawyers, 173 Equity Partners, U.S. $1,054,321,000 $1,884,000 42 $1,041,000 57 67



2019

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41 44 Orrick, Herrington & Sutcliffe 964 Lawyers, 118 Equity Partners, U.S. $1,046,000,000 $1,989,000 40 $1,085,000 65 56

42 36 Morrison & Foerster 951 Lawyers, 167 Equity Partners, U.S. $1,042,800,000 $1,982,000 41 $1,097,000 69 67

43 40 Squire Patton Boggs 1,497 Lawyers, 169 Equity Partners, U.S. $1,034,980,000 $1,027,000 74 $691,000 35 12

44 49 Milbank 728 Lawyers, 150 Equity Partners, U.S. $1,034,020,000 $3,825,000 10 $1,420,000 107 56

45 43 Dechert 940 Lawyers, 164 Equity Partners, U.S. $1,021,752,000 $2,728,000 21 $1,087,000 74 27

46 41 K&L Gates 1,756 Lawyers, 180 Equity Partners, U.S. $1,007,615,000 $990,000 77 $574,000 27 22

47 42 Winston & Strawn 893 Lawyers, 152 Equity Partners, U.S. $991,221,000 $2,162,000 36 $1,110,000 79 78

48 50 Proskauer Rose 726 Lawyers, 173 Equity Partners, U.S. $977,879,000 $2,660,000 22 $1,347,000 108 87

49 45 Arnold & Porter Kaye Scholer 939 Lawyers, 309 Equity Partners, U.S. $961,200,000 $1,242,000 65 $1,024,000 75 87

50 48 Shearman & Sterling 882 Lawyers, 138 Equity Partners, U.S. $955,461,000 $2,431,000 28 $1,084,000 82 27

51 53 Debevoise & Plimpton 655 Lawyers, 136 Equity Partners, U.S. $929,301,000 $3,265,000 15 $1,419,000 123 67

52 52 Holland & Knight 1,141 Lawyers, 184 Equity Partners, U.S. $914,943,000 $1,424,000 54 $802,000 46 101

53 51 Kim & Chang 988 Lawyers, 180 Equity Partners, Korea $901,000,000 $1,302,000 59 $912,000 58 116

54 72 Bryan Cave Leighton Paisner 1 1,425 Lawyers, 281 Equity Partners, U.S. $899,418,000 $844,000 84 $631,000 37 35

55 55 Perkins Coie 973 Lawyers, 175 Equity Partners, U.S. $861,731,000 $1,287,000 61 $886,000 62 164

56 54 Wilson Sonsini Goodrich & Rosati 764 Lawyers, 131 Equity Partners, U.S. $857,000,000 $2,350,000 32 $1,121,000 104 101

57 63 Ashurst 1,415 Lawyers, 241 Equity Partners, Australia $856,568,000 $1,299,000 60 $605,000 38 22

58 58 Wachtell, Lipton, Rosen & Katz 267 Lawyers, 80 Equity Partners, U.S. $856,394,000 $6,530,000 1 $3,207,000 232 164

59 67 Foley & Lardner 975 Lawyers, 156 Equity Partners, U.S. $836,675,000 $1,251,000 64 $858,000 61 116

60 64 McGuireWoods 1,014 Lawyers, 198 Equity Partners, U.S. $817,055,000 $1,360,000 58 $806,000 56 116

1 Bryan Cave merged with Berwin Leighton Paisner in April 2018 to become Bryan Cave Leighton Paisner.



2019

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61 57 Willkie Farr & Gallagher 658 Lawyers, 146 Equity Partners, U.S. $817,000,000 $3,089,000 18 $1,242,000 121 78

62 65 Clyde & Co. 1,720 Lawyers, 219 Equity Partners, U.K. $816,479,000 $922,000 80 $475,000 29 18

63 66 Cravath, Swaine & Moore 519 Lawyers, 83 Equity Partners, U.S. $815,872,000 $4,620,000 4 $1,572,000 160 136

64 56 Alston & Bird 817 Lawyers, 151 Equity Partners, U.S. $812,325,000 $2,087,000 39 $994,000 94 116

65 59 O'Melveny & Myers 673 Lawyers, 167 Equity Partners, U.S. $800,600,000 $2,262,000 34 $1,190,000 115 78

66 60 Slaughter and May 540 Lawyers, 102 Equity Partners, U.K. $788,417,000 $3,073,000 19 $1,460,000 154 116

67 — Hunton Andrews Kurth 2 869 Lawyers, 180 Equity Partners, U.S. $748,000,000 $1,097,000 69 $861,000 83 78

68 62 Vinson & Elkins 622 Lawyers, 125 Equity Partners, U.S. $747,248,000 $2,517,000 25 $1,202,000 133 67

69 68 Sheppard, Mullin, Richter & Hampton 714 Lawyers, 140 Equity Partners, U.S. $707,351,000 $1,689,000 48 $991,000 110 87

70 71 Fried, Frank, Harris, Shriver & Jacobson 514 Lawyers, 104 Equity Partners, U.S. $684,800,000 $3,268,000 14 $1,333,000 164 116

71 61 Baker Botts 708 Lawyers, 190 Equity Partners, U.S. $678,200,000 $1,662,000 50 $958,000 111 67

72 70 Seyfarth Shaw 844 Lawyers, 202 Equity Partners, U.S. $669,360,000 $1,140,000 68 $793,000 90 101

73 69 Baker & Hostetler 941 Lawyers, 131 Equity Partners, U.S. $667,009,000 $1,035,000 72 $709,000 73 164

74 73 Pillsbury Winthrop Shaw Pittman 629 Lawyers, 134 Equity Partners, U.S. $645,866,000 $1,500,000 52 $1,027,000 131 87

75 76 Fragomen, Del Rey, Bernsen & Loewy 582 Lawyers, 61 Equity Partners, U.S. $637,286,000 $1,884,000 42 $1,095,000 144 12

76 77 Katten Muchin Rosenman 662 Lawyers, 140 Equity Partners, U.S. $634,914,000 $1,682,000 49 $958,000 119 116

77 75 Pinsent Masons 1,571 Lawyers, 183 Equity Partners, U.K. $634,743,000 $817,000 86 $404,000 31 35

78 97 Yingke 7,572 Lawyers, 362 Equity Partners, China $624,000,000 $172,000 100 $82,000 2 164

79 74 Gowling WLG 1,219 Lawyers, 364 Equity Partners, U.K. $616,970,000 $535,000 96 $506,000 43 56

80 78 Osler, Hoskin & Harcourt 462 Lawyers, 210 Equity Partners, Canada $588,089,000 $1,372,000 57 $1,273,000 181 136

2 Andrews Kurth Kenyon and Hunton & Williams merged in April 2018 to become Hunton Andrews Kurth.



2019

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81 82 Littler Mendelson 1,068 Lawyers, 381 Equity Partners, U.S. $584,196,000 $521,000 98 $547,000 51 116

82 81 Venable 657 Lawyers, 160 Equity Partners, U.S. $570,227,000 $1,165,000 66 $868,000 122 164

83 89 Lewis Brisbois Bisgaard & Smith 1,308 Lawyers, 122 Equity Partners, U.S. $552,000,000 $951,000 78 $422,000 40 164

84 88 Nixon Peabody 607 Lawyers, 131 Equity Partners, U.S. $530,636,000 $1,503,000 51 $874,000 137 164

85 98 Zhong Lun Law Firm 1,038 Lawyers, 293 Equity Partners, China $527,000,000 $809,000 87 $508,000 52 101

86 83 Troutman Sanders 645 Lawyers, 182 Equity Partners, U.S. $521,531,000 $1,074,000 71 $809,000 127 136

87 110 Nelson Mullins Riley & Scarborough 707 Lawyers, 181 Equity Partners, U.S. $517,003,000 $996,000 76 $732,000 112 164

88 87 Polsinelli 810 Lawyers, 122 Equity Partners, U.S. $513,581,000 $739,000 93 $634,000 95 164

89 85 Faegre Baker Daniels 669 Lawyers, 226 Equity Partners, U.S. $512,913,000 $896,000 83 $767,000 117 116

90 84 Locke Lord 641 Lawyers, 170 Equity Partners, U.S. $512,573,000 $1,035,000 72 $800,000 129 116

91 90 Ogletree, Deakins, Nash, Smoak & Stewart 847 Lawyers, 189 Equity Partners, U.S. $509,774,000 $776,000 88 $602,000 89 67

92 95 Fox Rothschild 3 788 Lawyers, 224 Equity Partners, U.S. $507,500,000 $695,000 94 $645,000 100 164

93 94 Simmons & Simmons 857 Lawyers, 168 Equity Partners, U.K. $500,311,000 $949,000 79 $584,000 86 16

94 86 Blake, Cassels & Graydon 618 Lawyers, 308 Equity Partners, Canada $499,200,000 $747,000 92 $808,000 134 87

95 91 Duane Morris 671 Lawyers, 126 Equity Partners, U.S. $491,573,000 $1,010,000 75 $732,000 116 56

96 117 Allbright 2,600 Lawyers, 600 Equity Partners, China $484,000,000 $403,000 99 $186,000 10 136

97 99 Bird & Bird 1,180 Lawyers, 119 Equity Partners, U.K. $482,404,000 $757,000 90 $409,000 45 12

98 — Womble Bond Dickinson 4 961 Lawyers, 240 Equity Partners, U.S. $475,723,000 $557,000 95 $495,000 67 136

99 93 McCarthy Tétrault 655 Lawyers, 221 Equity Partners, Canada $474,805,000 $752,000 91 $725,000 123 116

100 107 Cozen O'Connor 665 Lawyers, 185 Equity Partners, U.S. $473,000,000 $828,000 85 $711,000 118 116

3 Results have been updated since the publication of The Am Law 100 to reflect firm's actual year-end figures. 4 Results have been updated since the publication of The Am Law 100 to reflect firm's UK year-end figures.



2019

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101 116 Taylor Wessing 973 Lawyers, N/A Equity Partners, Germany $453,941,000 N/A N/A $467,000 62 18

102 103 Kilpatrick Townsend & Stockton 575 Lawyers, 112 Equity Partners, U.S. $450,324,000 $1,120,000 N/A $783,000 147 101

103 92 Drinker Biddle & Reath 530 Lawyers, 182 Equity Partners, U.S. $449,701,000 $916,000 N/A $848,000 157 136

104 104 Jackson Lewis 838 Lawyers, 255 Equity Partners, U.S. $447,500,000 $603,000 N/A $534,000 91 164

105 100 Blank Rome 551 Lawyers, 148 Equity Partners, U.S. $443,004,000 $931,000 N/A $804,000 151 136

106 96 Jenner & Block 467 Lawyers, 109 Equity Partners, U.S. $441,289,000 $1,506,000 N/A $945,000 177 136

107 102 Schulte Roth & Zabel 356 Lawyers, 79 Equity Partners, U.S. $439,965,000 $2,769,000 N/A $1,236,000 210 136

108 120 Fidal 1,561 Lawyers, N/A Equity Partners, France $433,684,000 N/A N/A $278,000 33 164

109 106 Fish & Richardson 356 Lawyers, 105 Equity Partners, U.S. $430,862,000 $1,748,000 N/A $1,210,000 210 136

110 111 Garrigues 1,327 Lawyers, N/A Equity Partners, Spain $430,848,000 N/A N/A $325,000 39 27

111 123 Fenwick & West 335 Lawyers, 83 Equity Partners, U.S. $429,689,000 $1,819,000 N/A $1,283,000 216 136

112 101 Williams & Connolly 324 Lawyers, 108 Equity Partners, U.S. $429,000,000 $1,701,000 N/A $1,323,000 219 164

113 112 Mintz, Levin, Cohn, Ferris, Glovsky and Popeo 457 Lawyers, 76 Equity Partners, U.S. $428,000,000 $1,320,000 N/A $936,000 183 164

114 119 Kramer Levin Naftalis & Frankel 333 Lawyers, 71 Equity Partners, U.S. $423,000,000 $2,330,000 N/A $1,270,000 218 136

115 134 Minter Ellison 900 Lawyers, N/A Equity Partners, Australia

$422,000,000 N/A N/A $469,000 77 78

116 109 Cadwalader, Wickersham & Taft 373 Lawyers, 43 Equity Partners, U.S. $420,700,000 $2,712,000 N/A $1,128,000 204 116

117 108 Boies Schiller Flexner 320 Lawyers, 55 Equity Partners, U.S. $420,000,000 $3,273,000 N/A $1,313,000 220 136

118 128 Ballard Spahr 602 Lawyers, 263 Equity Partners, U.S. $414,879,000 $620,000 N/A $689,000 139 164

119 113 Haynes and Boone 537 Lawyers, 131 Equity Partners, U.S. $408,200,000 $1,002,000 N/A $760,000 155 101

120 114 Barnes & Thornburg 557 Lawyers, 238 Equity Partners, U.S. $406,156,000 $878,000 N/A $729,000 150 164



2019

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121 121 Akerman 651 Lawyers, 227 Equity Partners, U.S. $404,855,000 $675,000 N/A $622,000 125 164

122 105 Crowell & Moring 463 Lawyers, 94 Equity Partners, U.S. $401,074,000 $1,019,000 N/A $866,000 179 116

123 149 Grandall Law Firm 2,000 Lawyers, N/A Equity Partners, China $393,000,000 N/A N/A $197,000 23 87

124 122 Clayton Utz 781 Lawyers, N/A Equity Partners, Australia $386,000,000 N/A N/A $494,000 102 164

125 129 Loyens & Loeff 862 Lawyers, N/A Equity Partners, Netherlands $383,580,000 N/A N/A $445,000 84 41

126 125 Steptoe & Johnson 361 Lawyers, 110 Equity Partners, U.S. $382,400,000 $1,025,000 N/A $1,061,000 209 101

127 115 Baker, Donelson, Bearman, Caldwell & Berkowitz 681 Lawyers, 220 Equity Partners, U.S. $379,040,000 $492,000 N/A $556,000 113 164

128 127 Davis Wright Tremaine 521 Lawyers, 165 Equity Partners, U.S. $377,900,000 $782,000 N/A $726,000 158 136

129 126 Fasken Martineau DuMoulin 796 Lawyers, N/A Equity Partners, Canada $374,000,000 N/A N/A $470,000 98 101

130 135 Dorsey & Whitney 508 Lawyers, 190 Equity Partners, U.S. $368,316,000 $705,000 N/A $726,000 165 101

131 140 Addleshaw Goddard 851 Lawyers, N/A Equity Partners, U.K. $368,017,000 N/A N/A $432,000 88 67

132 145 DWF 2,021 Lawyers, N/A Equity Partners, U.K. $364,008,000 N/A N/A $180,000 21 25

133 118 Cahill Gordon & Reindel 291 Lawyers, 62 Equity Partners, U.S. $360,500,000 $3,432,000 N/A $1,240,000 225 78

134 132 Borden Ladner Gervais 750 Lawyers, N/A Equity Partners, Canada $360,000,000 N/A N/A $480,000 105 164

135 143 Osborne Clarke 857 Lawyers, N/A Equity Partners, U.K. $358,930,000 N/A N/A $419,000 86 31

136 131 Husch Blackwell 602 Lawyers, 162 Equity Partners, U.S. $353,510,000 $593,000 N/A $587,000 139 164

137 141 Irwin Mitchell 985 Lawyers, N/A Equity Partners, U.K. $351,714,000 N/A N/A $357,000 59 164

138 136 Gordon Rees Scully Mansukhani 717 Lawyers, 43 Equity Partners, U.S. $351,275,000 $918,000 N/A $490,000 109 164

139 130 Shook, Hardy & Bacon 463 Lawyers, 128 Equity Partners, U.S. $348,100,000 $918,000 N/A $753,000 179 136

140 144 Loeb & Loeb 365 Lawyers, 48 Equity Partners, U.S. $344,908,000 $1,714,000 N/A $944,000 207 136



2019

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141 80 Allens 650 Lawyers, N/A Equity Partners, Australia

$340,000,000 N/A N/A $523,000 126 101

142 133 Pepper Hamilton 424 Lawyers, 115 Equity Partners, U.S. $334,360,000 $830,000 N/A $789,000 194 164

143 149 DeHeng Law Offices 2,657 Lawyers, N/A Equity Partners, China $333,000,000 N/A N/A $125,000 8 87

144 155 Cuatrecasas Gonçalves Pereira 911 Lawyers, N/A Equity Partners, Spain $327,804,000 N/A N/A $360,000 76 56

145 148 DAC Beachcroft 1,141 Lawyers, N/A Equity Partners, U.K. $324,721,000 N/A N/A $285,000 46 48

146 139 Wilson Elser Moskowitz Edelman & Dicker 787 Lawyers,136 Equity Partners, U.S. $324,641,000 $444,000 N/A $412,000 101 164

147 160 Fieldfisher 792 Lawyers, N/A Equity Partners, U.K. $323,385,000 N/A N/A $408,000 99 41

148 138 Manatt, Phelps & Phillips 302 Lawyers, 58 Equity Partners, U.S. $313,200,000 $1,333,000 N/A $1,037,000 223 164

149 142 Finnegan, Henderson, Farabow, Garrett & Dunner 284 Lawyers, 88 Equity Partners, U.S. $309,940,000 $1,286,000 N/A $1,091,000 229 78

150 147 Stikeman Elliott 384 Lawyers, N/A Equity Partners, Canada $309,839,000 N/A N/A $807,000 203 101

151 158 Lowenstein Sandler 287 Lawyers, 50 Equity Partners, U.S. $308,997,000 $2,099,000 N/A $1,076,000 227 164

152 137 Hughes Hubbard & Reed 264 Lawyers, 41 Equity Partners, U.S. $305,380,000 $1,591,000 N/A $1,155,000 233 116

153 156 Bracewell 368 Lawyers, 71 Equity Partners, U.S. $300,000,000 $1,452,000 N/A $816,000 206 116

154 — Clark Hill 584 Lawyers, 127 Equity Partners, U.S. $295,947,000 $518,000 N/A $506,000 143 164

155 — Noerr 432 Lawyers, N/A Equity Partners, Germany $295,244,000 N/A N/A $683,000 193 35

156 157 Hengeler Mueller 289 Lawyers, N/A Equity Partners, Germany $290,515,000 N/A N/A $1,005,000 226 101

157 162 Macfarlanes 355 Lawyers, N/A Equity Partners, U.K. $289,977,000 N/A N/A $816,000 212 136

158 153 Buchanan Ingersoll & Rooney 403 Lawyers, 93 Equity Partners, U.S. $289,870,000 $746,000 N/A $719,000 202 164

159 163 Kennedys 948 Lawyers, N/A Equity Partners, U.K. $288,507,000 N/A N/A $304,000 70 11

160 151 Bradley Arant Boult Cummings 498 Lawyers, 221 Equity Partners, U.S. $285,738,000 $628,000 N/A $573,000 168 164



2019

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161 171 Stephenson Harwood 560 Lawyers, N/A Equity Partners, U.K. $284,632,000 N/A N/A $508,000 149 56

162 146 Arent Fox 335 Lawyers, 96 Equity Partners, U.S. $282,500,000 $969,000 N/A $843,000 216 164

163 170 Bae Kim & Lee 635 Lawyers, N/A Equity Partners, Korea $278,998,000 N/A N/A $439,000 130 67

164 175 Munger, Tolles & Olson 196 Lawyers, 84 Equity Partners, U.S. $275,223,000 $1,838,000 N/A $1,407,000 237 164

165 159 Quarles & Brady 450 Lawyers, 135 Equity Partners, U.S. $266,790,000 $545,000 N/A $593,000 186 164

166 — Lee & Ko 662 Lawyers, N/A Equity Partners, Korea $263,261,000 N/A N/A $398,000 119 116

167 169 Stinson Leonard Street 439 Lawyers, 130 Equity Partners, U.S. $263,013,000 $702,000 N/A $600,000 191 164

168 166 Jackson Walker 351 Lawyers, 99 Equity Partners, U.S. $262,920,000 $1,100,000 N/A $749,000 213 164

169 161 Snell & Wilmer 413 Lawyers, 85 Equity Partners, U.S. $262,000,000 $860,000 N/A $635,000 198 136

170 185 JunHe 498 Lawyers, N/A Equity Partners, China $261,000,000 N/A N/A $524,000 168 136

171 179 Withers 612 Lawyers, N/A Equity Partners, U.K. $258,173,000 N/A N/A $422,000 136 48

172 168 Rodl & Partner 480 Lawyers, N/A Equity Partners, Germany $257,611,000 N/A N/A $537,000 175 164

173 164 Vedder Price 292 Lawyers, 129 Equity Partners, U.S. $257,000,000 $967,000 N/A $879,000 224 116

174 176 Choate Hall & Stewart 165 Lawyers, 52 Equity Partners, U.S. $253,593,000 $2,510,000 N/A $1,533,000 238 164

175 165 Stroock & Stroock & Lavan 244 Lawyers, 40 Equity Partners, U.S. $251,001,000 $1,760,000 N/A $1,029,000 235 164

176 172 Dinsmore & Shohl 544 Lawyers, 156 Equity Partners, U.S. $250,888,000 $461,000 N/A $461,000 153 164

177 174 McCarter & English 373 Lawyers, 88 Equity Partners, U.S. $250,000,000 $810,000 N/A $670,000 204 164

178 177 Kutak Rock 503 Lawyers, 252 Equity Partners, U.S. $249,108,000 $470,000 N/A $495,000 166 164

179 173 Kelley Drye & Warren 285 Lawyers, 97 Equity Partners, U.S. $243,241,000 $936,000 N/A $853,000 228 136

180 178 HFW (previously Holman Fenwick Willan) 490 Lawyers, N/A Equity Partners, U.K. $239,198,000 N/A N/A $488,000 172 22



2019

Glo

bal 2

00

Rank

By R

even

ue

2018

Glo

bal 2

00

Rank

By R

even

ue


Profits Per

Equity Partner Glob

al 10

0 Ran

k By

PPE

P


obal

200 R

ank

By

Law

yers

Glob

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k by

Nu

mbe

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ries

181 196 Mishcon de Reya 442 Lawyers, N/A Equity Partners, U.K. $237,594,000 N/A N/A $538,000 189 136

182 182 Dickinson Wright 451 Lawyers, 124 Equity Partners, U.S. $237,507,000 $559,000 N/A $527,000 185 136

183 167 Holland & Hart 404 Lawyers, 205 Equity Partners, U.S. $236,160,000 $431,000 N/A $585,000 201 164

184 — HWL Ebsworth Lawyers 771 Lawyers, N/A Equity Partners, Australia $236,000,000 N/A N/A $306,000 103 164

185 195 Watson Farley & Williams 460 Lawyers, N/A Equity Partners, U.K. $230,244,000 N/A N/A $500,000 182 27

186 181 Wiley Rein 242 Lawyers, 66 Equity Partners, U.S.

$227,482,000 $1,195,000 N/A $940,000 236 164

187 184 Saul Ewing Arnstein & Lehr 365 Lawyers, 118 Equity Partners, U.S. $227,305,000 $602,000 N/A $623,000 207 164

188 188 Kasowitz Benson Torres 258 Lawyers, 37 Equity Partners, U.S. $227,296,000 $2,075,000 N/A $881,000 234 164

189 189 Gide Loyrette Nouel 487 Lawyers,N/A Equity Partners, France $226,886,000 N/A N/A $466,000 173 35

190 191 Thompson & Knight 282 Lawyers, 86 Equity Partners, U.S.

$226,487,000 $1,108,000 N/A $802,000 230 101

191 193 Stoel Rives 339 Lawyers, 110 Equity Partners, U.S. $225,921,000 $681,000 N/A $667,000 215 164

192 192 Honigman 275 Lawyers,122 Equity Partners, U.S. $223,850,000 $1,032,000 N/A $814,000 231 164

193 187 Winstead 312 Lawyers, 92 Equity Partners, U.S. $222,200,000 $1,199,000 N/A $711,000 222 164

194 197 Thompson Hine 340 Lawyers, 96 Equity Partners, U.S. $221,026,000 $735,000 N/A $650,000 214 164

195 180 Frost Brown Todd 453 Lawyers, 159 Equity Partners, U.S. $220,386,000 $453,000 N/A $486,000 184 164

196 194 Marshall, Dennehey, Warner, Coleman & Goggin 518 Lawyers, 266 Equity Partners, U.S. $219,700,000 $357,000 N/A $424,000 161 164

197 — Fangda Partners 625 Lawyers, N/A Equity Partners, China $219,398,000 N/A N/A $351,000 132 164

198 — Miller Thomson 516 Lawyers, N/A Equity Partners, Canada $219,300,000 N/A N/A $425,000 162 164

199 — Travers Smith 317 Lawyers, N/A Equity Partners, U.K. $217,149,000 N/A N/A $686,000 221 136

200 186 Hinshaw & Culbertson 423 Lawyers, 97 Equity Partners, U.S. $208,549,000 $482,000 N/A $493,000 196 164


The China 45The Largest Firms in China, Ranked By Profits Per Equity Partner

2019

Chi

na 45

Ra

nk B

y PPE

P

2018

Chi

na 45

Ra

nk B

y PPE

P



Gross Revenue Ch

ina

45 R

ank

By

Rev

enue

Revenue Per Lawyer Ch

ina

45

Rank

By R

PL

1 1 MWE China Law Offices 36 Lawyers, 4 Equity Partners, Shanghai $1,450,000 $18,205,000 45 $506,000 4

2 4 Fangda Partners 625 Lawyers, 75 Equity Partners, Shanghai $1,170,000 $219,398,000 9 $351,000 10

3 2 Chang Tsi & Partners 240 Lawyers, 5 Equity Partners, Beijing $1,158,000 $20,264,000 41 $84,000 38

4 6 JunHe 498 Lawyers, 138 Equity Partners, Beijing $1,135,000 $261,000,000 8 $524,000 2

5 5 Han Kun Law Offices 325 Lawyers, 56 Equity Partners, Beijing $1,109,000 $124,100,000 11 $382,000 8

6 23 Commerce & Finance Law Offices 197 Lawyers, 44 Equity Partners, Beijing $984,000 $78,700,000 22 $399,000 6

7 3 King & Wood Mallesons 2,938 Lawyers, 471 Equity Partners, Beijing $921,000 $1,133,000,000 2 $386,000 7

8 7 Llinks Law Offices 108 Lawyers, 28 Equity Partners, Shanghai $901,000 $57,346,000 28 $531,000 1

9 20 Jingtian & Gongcheng 279 Lawyers, 86 Equity Partners, Beijing $853,000 $122,400,000 12 $439,000 5

10 — FenXun Partners 100 Lawyers, 20 Equity Partners, Beijing $850,000 $37,800,000 35 $378,000 9

11 10 Zhong Lun Law Firm 1,038 Lawyers, 293 Equity Partners, Beijing $809,000 $527,000,000 4 $508,000 3

12 8 Wintell & Co. 133 Lawyers, 17 Equity Partners, Shanghai $788,000 $20,000,000 42 $150,000 21

13 21 Tian Yuan Law Firm 467 Lawyers, 79 Equity Partners, Beijing $766,000 $105,916,000 17 $227,000 14

14 — Chen & Co. 73 Lawyers, 11 Equity Partners, Shanghai $764,000 $22,000,000 39 $301,000 11

15 19 Global Law Office 450 Lawyers, 34 Equity Partners, Shanghai $712,000 $96,700,000 18 $215,000 15



2019

Chi

na 45

Ra

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y PPE

P

2018

Chi

na 45

Ra

nk B

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P



Gross Revenue Ch

ina

45 R

ank

By

Rev

enue


ina

45

Rank

By R

PL

16 9 Haiwen & Partners 200 Lawyers, 37 Equity Partners, Beijing $708,000 $58,300,000 27 $292,000 12

17 25 Jia Yuan Law Offices 174 Lawyers, 35 Equity Partners, Beijing $549,000 $36,200,000 37 $208,000 16

18 39 Boss & Young 286 Lawyers, 18 Equity Partners, Shanghai $547,000 $34,300,000 38 $120,000 28

19 12 Guantao Law Firm 810 Lawyers, 62 Equity Partners, Beijing $537,000 $113,784,000 15 $140,000 22

20 17 Dentons 9,795 Lawyers, 1,497 Equity Partners, Shanghai $533,000 $2,420,000,000 1 $247,000 13

21 15 Co-effort Law Firm 312 Lawyers, 57 Equity Partners, Shanghai $518,000 $37,827,000 34 $121,000 27

22 32 Grandall Law Firm 2,000 Lawyers, 420 Equity Partners, Beijing $468,000 $393,000,000 6 $197,000 17

23 37 AnJie Law Firm 223 Lawyers, 30 Equity Partners, Beijing $457,000 $39,100,000 33 $175,000 19

24 29 JunZeJun Law Offices 408 Lawyers, 68 Equity Partners, Beijing $446,000 $64,500,000 24 $158,000 20

25 — JT&N (formerly Jincheng Tongda & Neal) 970 Lawyers, 110 Equity Partners, Beijing $424,000 $116,500,000 14 $120,000 28

26 22 Allbright 2,600 Lawyers, 600 Equity Partners, Shanghai $403,000 $484,000,000 5 $186,000 18

27 34 Beijing DHH Law Firm 1,880 Lawyers, 112 Equity Partners, Beijing $327,000 $146,503,000 10 $78,000 41

28 27 DeHeng Law Offices 2,657 Lawyers, 354 Equity Partners, Beijing $291,000 $333,000,000 7 $125,000 26

29 42 East & Concord Partners 330 Lawyers, 84 Equity Partners, Beijing $270,000 $45,400,000 31 $138,000 23

30 26 Grandway Law Offices 409 Lawyers, 61 Equity Partners, Beijing $259,000 $52,700,000 29 $129,000 25



2019

Chi

na 45

Ra

nk B

y PPE

P

2018

Chi

na 45

Ra

nk B

y PPE

P



Gross Revenue Ch

ina

45 R

ank

By

Rev

enue


ina

45

Rank

By R

PL

31 35 Beijing Kangda Law Firm 900 Lawyers, 150 Equity Partners, Beijing $249,000 $83,000,000 21 $92,000 37

32 31 Hylands Law Firm 800 Lawyers, 138 Equity Partners, Shanghai $246,000 $84,700,000 20 $106,000 32

33 28 Jointide Law Firm 497 Lawyers, 150 Equity Partners, Shandong $237,000 $59,400,000 26 $120,000 28

34 24 Long An Law Firm 1,092 Lawyers, 110 Equity Partners, Beijing $207,000 $91,000,000 19 $83,000 39

35 14 Tahota Law Firm 1,019 Lawyers, 56 Equity Partners, Chengdu $191,000 $107,000,000 16 $105,000 33

36 38 King & Capital Law Firm 606 Lawyers, 105 Equity Partners, Beijing $182,000 $63,500,000 25 $105,000 33

37 30 Yingke 7,572 Lawyers, 362 Equity Partners, Beijing $172,000 $624,000,000 3 $82,000 40

38 36 Gaopeng & Partners 301 Lawyers, 88 Equity Partners, Beijing $165,000 $41,420,000 32 $138,000 23

39 33 Duan & Duan 889 Lawyers, 68 Equity Partners, Shanghai $141,000 $48,000,000 30 $54,000 44

40 40 V&T Law Firm 393 Lawyers, 98 Equity Partners, Beijing $115,000 $37,700,000 36 $96,000 35

41 42 Zhong Lun W&D Law Firm 2,146 Lawyers, 317 Equity Partners, Beijing $97,000 $68,000,000 23 $32,000 45

42 — Anli Partners 184 Lawyers, 46 Equity Partners, Beijing $87,000 $20,651,000 40 $112,000 31

43 41 Zhong Yin Law Firm 1,596 Lawyers, 149 Equity Partners, Beijing $79,000 $118,000,000 13 $74,000 42

44 — SD & Partners 195 Lawyers, 70 Equity Partners, Shenzhen $39,000 $18,300,000 44 $94,000 36

45 45 Lantai Partners 298 Lawyers, 58 Equity Partners, Beijing $34,000 $19,600,000 43 $66,000 43

72 • ZGuide ZGuide • 7372 • ZGuide

The Asia 50The Largest Firms in the Asia Pacific Region, Ranked by Number of Lawyers

2019 Asia 50 By Number of Lawyers Firm

Country with the Most Lawyers

Total Lawyers in

Asia Pacific

1 Dentons China 9,795

2 Yingke China 7,572

3 King & Wood Mallesons China 2,938

4 DeHeng Law Offices China 2,657

5 Allbright China 2,600

6 Zhong Lun W&D Law Firm China 2,146

7 Grandall Law Firm China 2,000

8 Beijing DHH Law Firm China 1,880

9 Zhong Yin Law Firm China 1,596

10 Ashurst Australia 1,415

11 Long An Law Firm China 1,092

12 Zhong Lun Law Firm China 1,038

13 Tahota Law Firm China 1,019

14 Kim & Chang Korea 988

15 JT&N (formerly Jincheng Tongda & Neal) China 970

16 Beijing Kangda Law Firm China 900

16 Minter Ellison Australia 900

18 Duan & Duan China 889

19 Guantao Law Firm China 810

20 Hylands Law Firm China 800

21 Clayton Utz Australia 781

22 HWL Ebsworth Lawyers Australia 771

23 Cyril Amarchand Mangaldas India 750

24 Lee & Ko Korea 662

25 Allens Australia 650

2019 Asia 50 By Number of Lawyers Firm

Country with the Most Lawyers

Total Lawyers in

Asia Pacific

26 Rajah & Tann Asia Singapore 642

27 Bae Kim & Lee Korea 635

28 Fangda Partners China 625

29 Nishimura & Asahi Japan 615

30 King & Capital Law Firm China 606

31 Guanghe China 600

32 Khaitan & Co. India 566

33 Shardul Amarchand Mangaldas & Co. India 532

34 Coors Chambers Westgarth Australia 502

35 JunHe China 498

36 Jointide Law Firm China 497

37 Anderson Mori & Tomotsune Japan 491

38 Mori Hamada & Matsumoto Japan 487

39 Tian Yuan Law Firm China 467

40 Global Law Office China 450

41 Shin & Kim Korea 447

42 Nagashima Ohno & Tomotsune Japan 442

43 AZB & Partners India 424

44 TMI Associates Japan 418

45 Grandway Law Offices China 409

46 JunZeJun Law Offices China 408

47 V&T Law Firm China 393

48 J. Sagar Associates India 389

49 Yulchon Korea 387

50 Yoon & Yang Korea 376

74 • ZGuide 75 • ZGuide

Corporate Debt includes both investment-grade and high-yield securities. Investment-grade debt includes securities with a Standard & Poor’s rating equal to or greater than BBB- and a Moody’s rating equal to or greater than Baa3, and split junk-rated securities. High-yield debt includes securities with an S&P rating equal to or less than BB+ and a Moody’s rating equal to or less than Ba1, but excludes split junk-rated securities. Securities not rated by either agency are assumed to be high yield. Both areas exclude certificate of deposit, general term notes, and issues by federal credit agencies, sovereigns, and national governments.

Asset- and Mortgage-Backed Securities are counted as a single offering when multiple classes of securities are issued together with one legal adviser. Separate legal advisers are credited with the separate securities they handled. Mortgage-backed securities include commercial and residential offerings.

Municipal Bonds data is based on new long-term municipal issues. Short-term, preliminary, and private placement issues are not included.

REITs data includes equities and debt offerings by real estate investment trusts.

Project Finance data is based on deals signed and funded in 2019 and includes only non-recourse and limited recourse facilities. Firms are credited for advising borrowers, concession awarders, commercial lenders, multilateral lenders, export credit agencies, guarantors, and divestors. Source: Dealogic u

74 • ZGuide

The Corporate Scorecard

The Corporate Scorecard was published by The American Lawyer in April 2020. The rankings were developed in collaboration with, and culled by, a number of third-party sources and gathered by ALM Legal Intelligence. The Corporate Scorecard details the performance of law firms with the most active corporate finance and capital markets practices in 2019. Unless otherwise noted, data includes only public, registered, underwritten offerings or deals transacted in the previous calendar year, including firmly underwritten Rule 144a transactions, but not pure private placements or the filing of shelf registrations. Rankings are based on data reported as of February of 2020. Unless otherwise noted, the source for the Corporate Scorecard data is Refinitiv, formerly the Financial and Risk business of Thomson Reuters.

Mergers and Acquisitions and Buyouts data includes deals with a North American–based target that were announced but not necessarily completed in 2019, and were valued at $100 million or more, including debt. Only counsel to bidders that billed more than $100,000 are given credit. In some cases, a firm’s involvement is prorated, depending on its role, and the firm is given partial credit. Source: Mergermarket

IPOs include offerings by U.S. and non-U.S. corporations in the U.S. marketplace.

Equities include worldwide issues by U.S. corporations and non-U.S. corporations, including secondaries, convertible bonds, and convertible and nonconvertible preferred stock. It excludes asset-backed securities and REITs.

Methodology

76 • ZGuide ZGuide • 77 ZGuide • 7776 • ZGuide

Mergers & Acquisitions: Principal Counsel, by Number of Transactions

Firm

Rank by Number of Transactions

Number of Transactions

Proceeds (in millions)

Rank by Proceeds

2020 2019 2020

Kirkland & Ellis 1 1 572 $369,611 3

Latham & Watkins 2 2 293 $260,169 10

Jones Day 3 3 218 $180,110 14

Skadden, Arps, Slate, Meagher & Flom 4 4 154 $354,921 5

Weil, Gotshal & Manges 5 6 143 $171,064 16

Sullivan & Cromwell 6 11 118 $455,975 2

White & Case 7 — 116 $237,999 11

Simpson Thacher & Bartlett 8 7 115 $363,489 4

Paul, Weiss, Rifkind, Wharton & Garrison 9 10 109 $190,471 13

Davis Polk & Wardwell 10 13 96 $342,874 6

Shearman & Sterling 11 — 87 $299,762 8

Alston & Bird 12 — 81 $172,680 15

Mayer Brown 13 — 67 $131,935 20

Wachtell, Lipton, Rosen & Katz 13 8 67 $502,710 1

Cleary Gottlieb Steen & Hamilton 15 18 66 $322,078 7

Cravath, Swaine & Moore 15 — 66 $268,075 9

Fried, Frank, Harris, Shriver & Jacobson 17 — 51 $234,507 12

Freshfields Bruckhaus Deringer 18 15 50 $163,158 17

Bennett Jones 19 — 36 $135,114 18

Slaughter and May 20 — 11 $132,142 19

Source: Mergermarket

Mergers & Acquisitions: Financial Advisor, by Number of Transactions (continued)

Firm




Rank by Proceeds

2020 2019 2020

Kirkland & Ellis 16 15 4 $28,725 17

Ropes & Gray 16 11 4 $17,354 20

Willkie Farr & Gallagher 18 — 2 $24,623 19

Fenwick & West 19 — 1 $42,584 14

Herbert Smith Freehills 19 — 1 $27,000 18


Mergers & Acquisitions: Financial Advisor, by Number of Transactions

Firm




Rank by Proceeds

2020 2019 2020


White & Case 2 2 36 $161,536 6


Cravath, Swaine & Moore 4 4 25 $89,600 9

Alston & Bird 5 8 23 $170,029 5


Gibson, Dunn & Crutcher 6 9 16 $59,420 12

Shearman & Sterling 6 7 16 $62,427 10

Latham & Watkins 9 10 15 $40,927 15

Fried, Frank, Harris, Shriver & Jacobson 10 6 13 $209,136 4

Covington & Burling 11 — 11 $98,855 8


Debevoise & Plimpton 13 13 8 $59,754 11

O'Melveny & Myers 14 — 6 $34,994 16


Buyouts: Principal Counsel, by Number of Transactions

Firm

Rank by Number of Issues

Number of Issues


Rank by Proceeds

2020 2019 2020

Kirkland & Ellis 1 1 259 $99,334 1

Latham & Watkins 2 2 113 $62,848 3



Paul, Weiss, Rifkind, Wharton & Garrison 5 — 39 $27,832 9

Sidley Austin 6 — 38 $22,731 15


Skadden, Arps, Slate, Meagher & Flom 8 — 27 $24,865 12

White & Case 8 — 27 $30,588 8

Stikeman Elliott 10 — 26 $33,641 6

Blake, Cassels & Graydon 11 — 22 $31,246 7

Davis Polk & Wardwell 12 — 18 $16,292 19

Sullivan & Cromwell 12 — 18 $52,282 4

Vinson & Elkins 14 — 17 $18,199 17

Cleary Gottlieb Steen & Hamilton 15 — 16 $45,928 5

Cravath, Swaine & Moore 16 — 14 $23,879 13

Shearman & Sterling 16 — 14 $26,689 10

Baker Botts 18 — 12 $23,142 14

Wachtell, Lipton, Rosen & Katz 19 12 9 $19,618 16

Vinge 20 — 3 $14,888 20



IPOs by U.S. Corporations: Issuers Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Cooley 1 1 20 $8,306 1

Goodwin Procter 2 2 12 $2,244 5

Latham & Watkins 3 3 11 $1,859 7

Wilson Sonsini Goodrich & Rosati 4 4 9 $4,781 3



The Corporate ScorecardIPOs by U.S. Corporations: Issuers Counsel, by Volume (continued)

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Fenwick & West 5 6 4 $1,675 8


DLA Piper 8 10 3 $480 17

Kirkland & Ellis 8 29 3 $1,543 9

Orrick, Herrington & Sutcliffe 8 15 3 $414 19

Sidley Austin 8 29 3 $467 18

Wilmer Cutler Pickering Hale and Dorr 8 8 3 $170 23

Pryor Cashman 13 — 2 $63 —


Squire Patton Boggs 13 — 2 $77 —

Sullivan & Cromwell 13 — 2 $134 25

Vinson & Elkins 13 5 2 $622 15

Source: Refinitiv

IPOs by U.S. Corporations: Underwriters Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020



Cooley 3 2 21 $4,568 4

Ropes & Gray 4 4 7 $4,712 3


DLA Piper 6 23 3 $165 16

Shearman & Sterling 6 6 3 $212 14


Fenwick & West 9 23 2 $949 8


Sheppard, Mullin, Richter & Hampton 9 23 2 $19 —

Wilmer Cutler Pickering Hale and Dorr 9 12 2 $742 9

Source: Refinitiv

IPOs by Non-U.S. Corporations: Issuers Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Maples & Calder 1 2 3 $54 6

Ellenoff Grossman Schole & Cyruli 2 4 2 $8 23

Hunter Taubman Fischer & Li 2 10 2 $15 21

Ogier & Le Massurier 2 4 2 $7 24

Skadden, Arps, Slate, Meagher & Flom 2 1 2 $51 7


Walkers 2 3 2 $20 17

Cooley 8 4 1 $47 8

IPOs by Non-U.S. Corporations: Issuers Counsel, by Volume (continued)

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Covington & Burling 8 — 1 $79 3

Freshfields Bruckhaus Deringer 8 — 1 $79 3

Goodwin Procter 8 — 1 $65 5

Mayer Brown 8 — 1 $39 10

Noerr 8 — 1 $113 2

Osler, Hoskin & Harcourt 8 — 1 $47 8

Primes Shiloh Givon Meir Law Firm 8 — 1 $39 10

Source: Refinitiv

IPOs by Non-U.S. Corporations: Underwriters Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Davis Polk & Wardwell 1 1 3 $143 2

Latham & Watkins 1 4 3 $309 1

Mei & Mark 3 4 2 $14 16

Commerce & Finance Law Offices 4 — 1 $42 8

Cooley 4 — 1 $65 4

Freshfields Bruckhaus Deringer 4 — 1 $28 10


Gornitzky & Co 4 9 1 $39 9

Han Kun Law Offices 4 3 1 $45 7

McCarthy Tétrault 4 — 1 $48 5

Skadden, Arps, Slate, Meagher & Flom 4 9 1 $79 3

Wilmer Cutler Pickering Hale and Dorr 4 — 1 $47 6

Source: Refinitiv

Equities by U.S. Corporations: Issuers Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Cooley 1 1 51 $4,659 8



Wilmer Cutler Pickering Hale and Dorr 4 7 21 $5,854 5


DLA Piper 6 9 16 $2,759 15



Morgan, Lewis & Bockius 9 16 15 $2,868 14


Source: Refinitiv

80 • ZGuide ZGuide • 81 ZGuide • 8180 • ZGuide

The Corporate ScorecardThe Corporate ScorecardEquities by U.S. Corporations: Underwriters Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020


Latham & Watkins 2 1 84 $22,662 2


Cooley 4 4 35 $4,144 9

Ellenoff Grossman Schole & Cyruli 4 6 35 $332 —

Ropes & Gray 6 8 18 $3,731 10

White & Case 7 — 15 $1,850 13

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo 8 5 14 $762 25



Source: Refinitiv

Equities by Non-U.S. Corporations: Issuers Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Skadden, Arps, Slate, Meagher & Flom 1 — 2 $201 6

Alston & Bird 2 — 1 $420 1

Commerce & Finance Law Offices 2 — 1 $147 7



Harney Westwood & Riegels 2 — 1 $263 3

Kirkland & Ellis 2 — 1 $331 2

Maples & Calder 2 — 1 $147 7

Mattos Filho Veiga Filho Marrey Jr. 2 5 1 $263 3

Pinheiro Neto Advogados 2 — 1 $128 9

Source: Refinitiv

Equities by Non-U.S. Corporations: Underwriters Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Ellenoff Grossman Schole & Cyruli 1 4 2 $9 19

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo 1 — 2 $43 15

Cleary Gottlieb Steen & Hamilton 3 — 1 $420 1


Fangda Partners 3 — 1 $221 5

Goodwin Procter 3 4 1 $73 10

Jones Day 3 — 1 $73 10

Kirkland & Ellis 3 4 1 $221 5

Pinheiro Guimaraes 3 — 1 $128 7

Equities by Non-U.S. Corporations: Underwriters Counsel, by Volume (continued)

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Pinheiro Neto Advogados 3 4 1 $395 2

Ropes & Gray 3 — 1 $331 4

Simpson Thacher & Bartlett 3 1 1 $128 7

White & Case 3 — 1 $395 2

Source: Refinitiv

High-Yield Debt: Issuers Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Latham & Watkins 1 1 56 $36,537 1

Kirkland & Ellis 2 2 43 $35,169 2


White & Case 3 5 25 $13,127 6




Milbank 8 8 11 $6,959 11

Paul, Weiss, Rifkind, Wharton & Garrison 8 10 11 $5,253 14


Vinson & Elkins 8 7 11 $7,570 10

Source: Refinitiv

High-Yield Debt: Underwriters Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Cahill Gordon & Reindel 1 1 142 $104,760 1

Latham & Watkins 2 2 69 $44,187 2





Allen & Overy 7 7 16 $11,507 7

White & Case 7 6 16 $10,156 8

Linklaters 9 16 15 $7,452 9

Milbank 10 7 12 $6,993 10

Source: Refinitiv


The Corporate ScorecardInvestment-Grade Debt: Issuers Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

McGuireWoods 1 5 62 $32,421 8



Latham & Watkins 4 3 49 $56,330 6



Willkie Farr & Gallagher 7 7 31 $24,824 13



Hunton Andrews Kurth 10 12 23 $25,450 12

Source: Refinitiv

Investment-Grade Debt: Underwriters Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020




Sidley Austin 4 2 52 $50,338 8






Linklaters 10 8 36 $32,547 10

Source: Refinitiv

Asset-Backed Securities: Issuers Counsel, by Volume (continued)

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Alston & Bird 10 9 2 $483 15

Cassels Brock & Blackwell 10 15 2 $1,227 9

Cleary Gottlieb Steen & Hamilton 10 15 2 $763 13

Dentons 10 — 2 $772 11

Kramer Levin Naftalis & Frankel 10 15 2 $405 16

Latham & Watkins 10 7 2 $858 10

Simpson Thacher & Bartlett 10 13 2 $766 12

Source: Refinitiv

Asset-Backed Securities: Underwriters Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020



Mayer Brown 3 3 39 $25,695 3

White & Case 4 9 26 $13,415 4

Allen & Overy 5 4 21 $7,798 5

Kramer Levin Naftalis & Frankel 6 6 20 $5,526 9


Dechert 8 7 14 $7,270 6

Dentons 9 — 8 $1,484 14

Milbank 10 16 7 $3,982 12


Source: Refinitiv

Asset-Backed Securities: Issuers Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Mayer Brown 1 1 77 $61,071 1



Allen & Overy 4 4 20 $9,386 5

Kirkland & Ellis 5 5 18 $10,979 4

White & Case 6 8 11 $6,931 6

Dechert 7 6 6 $1,818 8

Milbank 8 10 5 $2,546 7

McCarthy Tétrault 9 13 3 $638 14

Mortgage-Backed Securities: Issuers Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020


Mayer Brown 2 2 37 $13,079 2

Dentons 3 — 25 $9,083 3


Dechert 5 4 12 $5,929 5

Allen & Overy 6 8 5 $5,464 6


Source: Refinitiv

85 • ZGuide84 • ZGuide84 • ZGuide


Municipal Bonds: Bond Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Kutak Rock 1 2 485 $19,427 3

Orrick, Herrington & Sutcliffe 2 1 482 $44,637 1

Gilmore & Bell 3 4 428 $9,018 10

Quarles & Brady 4 3 346 $3,801 26

Norton Rose Fulbright 5 5 340 $15,924 4

Chapman and Cutler 6 7 335 $9,640 9

McCall Parkhurst & Horton 6 8 335 $12,789 5

Hawkins Delafield & Wood 8 6 313 $22,182 2

Dorsey & Whitney 9 9 243 $3,530 30

Dinsmore & Shohl 10 14 229 $5,128 15

Source: Refinitiv

Mortgage-Backed Securities: Underwriters Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020


Dentons 2 8 40 $19,011 2


Mayer Brown 4 6 13 $4,716 5

Dechert 5 4 11 $8,213 4

Allen & Overy 6 7 2 $339 9

Alston & Bird 6 5 2 $1,251 7

Hunton Andrews Kurth 6 2 2 $531 8

Linklaters 9 8 1 $1,332 6

Source: Refinitiv

Municipal Bonds: Underwriters Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Kutak Rock 1 1 277 $11,901 5

Norton Rose Fulbright 2 2 242 $19,102 2

McCall Parkhurst & Horton 3 11 229 $5,353 12

Orrick, Herrington & Sutcliffe 4 3 217 $18,794 3

Stradling Yocca Carlson & Rauth 5 4 149 $7,869 8

Hawkins Delafield & Wood 6 6 133 $24,643 1

Nixon Peabody 7 7 126 $12,973 4

Ballard Spahr 8 9 107 $7,001 9

Chapman and Cutler 9 10 100 $10,962 5

Ice Miller 10 14 97 $1,511 —

Squire Patton Boggs 10 5 97 $6,967 10

Source: Refinitiv

REIT Equity: Issuer's Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Venable 1 1 25 $4,228 1

Vinson & Elkins 2 4 11 $749 14





Ballard Spahr 7 3 4 $1,348 5


Hogan Lovells 8 — 3 $1,346 6

Alston & Bird 10 15 2 $475 17

Baker, Donelson, Bearman, Caldwell & Berkowitz 10 15 2 $979 9

Clifford Chance 10 6 2 $426 21

DLA Piper 10 — 2 $233 24

Holland & Knight 10 — 2 $155 —

King & Spalding 10 15 2 $1,309 7

Milbank 10 — 2 $755 13

Morrison & Foerster 10 6 2 $818 12

Pillsbury Winthrop Shaw Pittman 10 15 2 $467 19

Saul Ewing Arnstein & Lehr 10 15 2 $184 28

Stinson Leonard Street 10 — 2 $218 25

Sullivan & Worcester 10 10 2 $635 15

Winston & Strawn 10 15 2 $122 38

Source: Refinitiv

REIT Equity: Underwriter's Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020




Cooley 4 2 5 $538 11


Clifford Chance 6 3 3 $678 9

Ropes & Gray 6 8 3 $1,276 5

Venable 6 8 3 $275 14

Cahill Gordon & Reindel 9 — 2 $2,138 4

Cleary Gottlieb Steen & Hamilton 9 4 2 $425 12

Goodwin Procter 9 14 2 $895 7

Hogan Lovells 9 — 2 $954 6


Morrison & Foerster 9 — 2 $122 18

Paul Hastings 9 8 2 $781 8

Source: Refinitiv


The Corporate ScorecardREIT Debt: Issuer's Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020


Allen & Overy 2 1 6 $3,091 4

Hogan Lovells 2 4 6 $2,132 8


Cleary Gottlieb Steen & Hamilton 5 — 3 $4,877 2

Clifford Chance 5 6 3 $1,231 10




Alston & Bird 10 12 2 $582 13

Baker McKenzie 10 12 2 $77 23

DLA Piper 10 12 2 $944 11


Torys 10 — 2 $285 18

Source: Refinitiv

REIT Debt: Underwriter's Counsel, by Volume

Firm


Number of Issues


Rank by Proceeds

2020 2019 2020

Allen & Overy 1 1 24 $4,787 3


Clifford Chance 3 3 8 $6,310 1



White & Case 5 5 5 $1,899 9

Alston & Bird 7 10 4 $748 13

Simpson Thacher & Bartlett 7 — 4 $1,543 11

Vinson & Elkins 7 10 4 $1,703 10


Source: Refinitiv

Project Finance: Lead Counsel, by Value of Financings

Firm Rank by Proceeds


Number of Issues


2020 2019 2020

Allen & Overy 1 2 $21,802 83 1

Latham & Watkins 2 5 $18,727 68 5

Linklaters 3 4 $17,099 52 6

Clifford Chance 4 1 $16,054 75 2

White & Case 5 6 $13,181 52 7

Milbank 6 7 $12,426 69 4

Norton Rose Fulbright 7 3 $11,407 75 3

Shearman & Sterling 8 12 $8,172 40 10

Ashurst 9 9 $8,108 29 14

Sullivan & Cromwell 10 14 $5,916 14 27

King & Wood Mallesons 11 8 $5,680 27 17

Skadden, Arps, Slate, Meagher & Flom 12 — $5,606 14 28

Winston & Strawn 13 17 $5,228 47 8

Simpson Thacher & Bartlett 14 34 $5,013 13 30

Allens 15 11 $5,006 28 15

Herbert Smith Freehills 16 10 $4,846 35 11

Baker McKenzie 17 18 $4,715 20 21

Stocche Forbes Padis Filizzola Clapis Advogados 18 — $3,700 28 16

Machado Meyer Sendacz & Opice 19 13 $3,467 34 13

Watson Farley & Williams 20 16 $3,275 35 12

Source: Dealogic



AAdams and Reese, 20, 31Addleshaw Goddard, 58Akerman, 18, 29, 58Akin Gump Strauss Hauer & Feld, 6, 25, 38, 48Allbright, 44, 54, 68, 72Allen & Overy, 38, 46, 81, 82, 83, 84, 86, 87Allen Matkins Leck Gamble Mallory & Natsis, 14, 26Allens, 60, 72, 87Alston & Bird, 8, 25, 38, 52, 76, 80, 83, 84, 85, 86Anderson Mori & Tomotsune, 73AnJie Law Firm, 68Anli Partners, 70Arent Fox, 14, 29, 62Armstrong Teasdale, 20, 32Arnall Golden Gregory, 12, 27Arnold & Porter Kaye Scholer, 12, 28, 42, 50Ashurst, 40, 50, 72, 87AZB & Partners, 73

BBae Kim & Lee, 62, 73Baker & Hostetler, 12, 30, 42, 52Baker Botts, 10, 26, 40, 52, 77Baker McKenzie, 10, 31, 40, 46, 86, 87Baker, Donelson, Bearman, Caldwell & Berkowitz, 22, 33, 58, 85Ballard Spahr, 20, 31, 56, 84, 85Barnes & Thornburg, 14, 26, 56Beijing DHH Law Firm, 68, 72Beijing Kangda Law Firm, 70, 72Benesch, Friedlander, Coplan & Aronoff, 16, 31Bennett Jones, 76Bird & Bird, 44, 54Blake, Cassels & Graydon, 44, 54, 77Blank Rome, 14, 28, 56Boies Schiller Flexner, 4, 24, 56Bond, Schoeneck & King, 22, 33Borden Ladner Gervais, 58Boss & Young, 68Bracewell, 10, 27, 60Bradley Arant Boult Cummings, 20, 30, 60Brown Rudnick, 12, 27Brownstein Hyatt Farber Schreck, 14, 29Bryan Cave Leighton Paisner, 16, 32, 44, 50Buchalter, 20, 31Buchanan Ingersoll & Rooney, 18, 32, 60Buckley, 6, 26Burr & Forman, 22, 31Butler Snow, 22, 31

Law Firm Index


CCadwalader, Wickersham & Taft, 6, 26, 56Cahill Gordon & Reindel, 4, 24, 58, 81, 82, 85, 86Carlton Fields, 16, 29Cassels Brock & Blackwell, 83Chang Tsi & Partners, 66Chapman and Cutler, 16, 27, 84Chen & Co., 66Choate Hall & Stewart, 6, 24, 62Clark Hill, 22, 33, 60Clayton Utz, 58, 72Cleary Gottlieb Steen & Hamilton, 6, 27, 36, 48, 76, 77, 80, 82, 83, 85, 86Clifford Chance, 38, 46, 85, 86, 87Clyde & Co., 42, 52CMS, 44, 46Co-effort Law Firm, 68Cole Schotz, 14, 27Cole, Scott & Kissane, 4, 33Commerce & Finance Law Offices, 66, 79, 80Cooley, 6, 25, 38, 48, 77, 78, 79, 80, 85Coors Chambers Westgarth, 73Covington & Burling, 8, 26, 40, 48, 76, 79Cozen O'Connor, 16, 29, 44, 54Cravath, Swaine & Moore, 4, 24, 36, 52, 76, 77, 81, 82Crowell & Moring, 14, 30, 58Cuatrecasas Gonçalves Pereira, 60Curtis Mallet-Prevost, Colt & Mosle, 16, 33Cyril Amarchand Mangaldas, 72

DDAC Beachcroft, 60Davis Polk & Wardwell, 4, 24, 36, 48, 76, 77, 78, 79, 80, 81, 82Davis Wright Tremaine, 16, 30, 58Day Pitney, 18, 31Debevoise & Plimpton, 4, 24, 36, 50, 76Dechert, 6, 25, 38, 50, 82, 83, 84DeHeng Law Offices, 60, 68, 72Dentons, 44, 46, 68, 72, 83, 84Dickinson Wright, 20, 32, 64Dinsmore & Shohl, 22, 33, 62, 84DLA Piper, 8, 30, 40, 46, 78, 79, 85, 86Dorsey & Whitney, 18, 30, 58, 84Drinker Biddle & Reath, 16, 29, 56Duan & Duan, 70, 72Duane Morris, 14, 30, 42, 54DWF, 58Dykema Gossett, 20, 32

EEast & Concord Partners, 68Eckert Seamans Cherin & Mellott, 22, 33Ellenoff Grossman Schole & Cyruli, 78, 80Eversheds Sutherland, 42, 48

FFaegre Baker Daniels, 16, 29, 44, 54Fangda Partners, 64, 66, 73, 80Fasken Martineau DuMoulin, 58Fenwick & West, 8, 26, 56, 77, 78FenXun Partners, 66Fidal, 56Fieldfisher, 60Finnegan, Henderson, Farabow, Garrett & Dunner, 12, 27, 60Fish & Richardson, 8, 25, 56Fisher & Phillips, 20, 32Foley & Lardner, 10, 28, 42, 50Foley Hoag, 12, 28Fox Rothschild, 18, 32, 44, 54

Fragomen, Del Rey, Bernsen & Loewy, 6, 31, 40, 52Freshfields Bruckhaus Deringer, 38, 46, 76, 79Fried, Frank, Harris, Shriver & Jacobson, 4, 24, 36, 52, 76Frost Brown Todd, 22, 32, 64

G Gaopeng & Partners, 70Garrigues, 56Gibbons, 18, 31Gibson, Dunn & Crutcher, 4, 24, 36, 46, 76, 77, 79, 82, 86Gide Loyrette Nouel, 64Gilmore & Bell, 84Global Law Office, 66, 73Goldberg Segalla, 16, 33Goodwin Procter, 6, 25, 38, 48, 77, 78, 79, 80, 85, 86Gordon Rees Scully Mansukhani, 14, 33, 58Gornitzky & Co, 79Goulston & Storrs, 16, 26Gowling WLG, 44, 52Grandall Law Firm, 58, 68, 72Grandway Law Offices, 68, 73GrayRobinson, 22, 31Greenberg Traurig, 8, 27, 40, 46Greenspoon Marder, 18, 31Guanghe, 73Guantao Law Firm, 68, 72

HHaiwen & Partners, 68Han Kun Law Offices, 66, 79Hanson Bridgett, 20, 30Harney Westwood & Riegels, 80Hawkins Delafield & Wood, 84Haynes and Boone, 14, 29, 56Hengeler Mueller, 60Herbert Smith Freehills, 42, 48, 77, 87HFW (previously Holman Fenwick Willan), 62Hinckley, Allen & Snyder, 18, 29Hinshaw & Culbertson, 22, 33, 64Hodgson Russ, 22, 32Hogan Lovells, 10, 29, 40, 46, 85, 86Holland & Hart, 22, 32, 64Holland & Knight, 10, 27, 40, 50, 85Honigman, 12, 25, 64Hughes Hubbard & Reed, 10, 31, 60Hunter Taubman Fischer & Li, 78Hunton Andrews Kurth, 12, 28, 42, 52, 82, 83, 84, 85, 86Husch Blackwell, 18, 32, 58HWL Ebsworth Lawyers, 64, 72Hylands Law Firm, 70, 72

IIce Miller, 18, 30, 84Irell & Manella, 6, 24Irwin Mitchell, 58

JJ. Sagar Associates, 73Jackson Lewis, 20, 32, 56Jackson Walker, 12, 26, 62Jenner & Block, 10, 26, 56Jia Yuan Law Offices, 68Jingtian & Gongcheng, 66Jointide Law Firm, 70, 73Jones Day, 12, 28, 42, 46, 76, 80JT&N (formerly Jincheng Tongda & Neal), 68, 72JunHe, 62, 66, 73JunZeJun Law Offices, 68, 73

Law Firm Index


Law Firm Index

KK&L Gates, 18, 32, 42, 50Kasowitz Benson Torres, 8, 28, 64Katten Muchin Rosenman, 8, 26, 40, 52Kelley Drye & Warren, 14, 30, 62Kennedys, 60Khaitan & Co., 73Kilpatrick Townsend & Stockton, 12, 29, 56Kim & Chang, 40, 50, 72King & Capital Law Firm, 70, 73King & Spalding, 6, 25, 36, 48, 85King & Wood Mallesons, 44, 48, 66, 72, 87Kirkland & Ellis, 4, 24, 36, 46, 76, 77, 78, 80, 81, 82Knobbe, Martens, Olson & Bear, 22, 30Kobre & Kim, 8, 25Kramer Levin Naftalis & Frankel, 8, 26, 56, 83Kutak Rock, 22, 32, 62, 84

LLantai Partners, 70Latham & Watkins, 4, 24, 36, 46, 76, 77, 78, 79, 80, 81, 82, 83, 85, 86, 87Lathrop Gage, 20, 33Lee & Ko, 62, 72Lewis Brisbois Bisgaard & Smith, 16, 33, 42, 54Lewis Roca Rothgerber Christie, 18, 29Linklaters, 38, 46, 81, 82, 84, 86, 87Littler Mendelson, 22, 33, 44, 54Llinks Law Offices, 66Locke Lord, 14, 29, 42, 54Loeb & Loeb, 10, 27, 58Long An Law Firm, 70, 72Lowenstein Sandler, 6, 26, 60Loyens & Loeff, 58

MMacfarlanes, 60Machado Meyer Sendacz & Opice, 87Manatt, Phelps & Phillips, 10, 27, 60Maples & Calder, 78, 80Marshall, Dennehey, Warner, Coleman & Goggin, 22, 33, 64Mattos Filho Veiga Filho Marrey Jr, 80Mayer Brown, 8, 27, 40, 48, 76, 79, 82, 83, 84McCall Parkhurst & Horton, 84McCarter & English, 16, 30, 62McCarthy Tétrault, 44, 54, 79, 82McDermott Will & Emery, 8, 25, 40, 48McElroy, Deutsch, Mulvaney & Carpenter, 16, 33McGuireWoods, 10, 28, 40, 50, 82Mei & Mark, 79Michael Best & Friedrich, 20, 31Milbank, 4, 24, 36, 50, 81, 82, 83, 85, 87Miles & Stockbridge, 22, 33Miller Thomson, 64Miller, Canfield, Paddock and Stone, 20, 31Minter Ellison, 56, 72Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, 10, 27, 56, 80Mishcon de Reya, 64Moore & Van Allen, 14, 28Morgan, Lewis & Bockius, 10, 26, 40, 46, 79, 82, 83, 84Mori Hamada & Matsumoto, 73Morris, Manning & Martin, 12, 28Morrison & Foerster, 8, 27, 40, 50, 85Munger, Tolles & Olson, 8, 24, 62MWE China Law Offices, 66

NNagashima Ohno & Tomotsune, 73Nelson Mullins Riley & Scarborough, 12, 28, 42, 54Nishimura & Asahi, 73Nixon Peabody, 10, 28, 40, 54, 84Noerr, 60, 79Norton Rose Fulbright, 16, 32, 44, 46, 84, 87

OOgier & Le Massurier, 78Ogletree, Deakins, Nash, Smoak & Stewart, 18, 32, 44, 54O'Melveny & Myers, 8, 25, 38, 52, 76Orrick, Herrington & Sutcliffe, 8, 27, 38, 50, 78, 84Osborne Clarke, 58Osler, Hoskin & Harcourt, 40, 52, 79

PPatterson Belknap Webb & Tyler, 10, 26Paul Hastings, 4, 24, 36, 48, 85Paul, Weiss, Rifkind, Wharton & Garrison, 4, 25, 36, 48, 76, 77, 81Pepper Hamilton, 14, 30, 60Perkins Coie, 10, 28, 42, 50Phelps Dunbar, 22, 33Pillsbury Winthrop Shaw Pittman, 10, 26, 40, 52, 85Pinheiro Guimaraes, 80Pinheiro Neto Advogados, 80, 81Pinsent Masons, 44, 52Polsinelli, 14, 30, 44, 54Porter Wright Morris & Arthur, 20, 32Primes Shiloh Givon Meir Law Firm, 79Procopio, Cory, Hargreaves & Savitch, 18, 31Proskauer Rose, 6, 24, 38, 50Pryor Cashman, 12, 27, 78

QQuarles & Brady, 20, 32, 62, 84Quinn Emanuel Urquhart & Sullivan, 4, 24, 36, 48

RRajah & Tann Asia, 73Reed Smith, 12, 29, 42, 48Robins Kaplan, 10, 27Robinson & Cole, 20, 32Rodl & Partner, 62Ropes & Gray, 6, 25, 38, 46, 77, 78, 80, 81, 85Rutan & Tucker, 18, 29

SSaul Ewing Arnstein & Lehr, 20, 32, 64, 85Schiff Hardin, 14, 28Schulte Roth & Zabel, 6, 25, 56SD & Partners, 70Seyfarth Shaw, 12, 29, 42, 52Shardul Amarchand Mangaldas & Co., 73Shearman & Sterling, 6, 27, 38, 50, 76, 77, 78, 81, 82, 87Sheppard, Mullin, Richter & Hampton, 8, 26, 40, 52, 78Sherman & Howard, 18, 29Shin & Kim, 73Shook, Hardy & Bacon, 16, 31, 58Shumaker, Loop & Kendrick, 22, 31Shutts & Bowen, 14, 28Sidley Austin, 6, 25, 38, 46, 77, 78, 82, 83, 84, 85, 86Simmons & Simmons, 42, 54Simpson Thacher & Bartlett, 4, 24, 36, 48, 76, 77, 78, 79, 80, 81, 82, 83, 86, 87Skadden, Arps, Slate, Meagher & Flom, 4, 24, 36, 46, 76, 77, 78, 79, 80, 81, 82, 85, 86, 87


Slaughter and May, 36, 52, 76Smith, Gambrell & Russell, 16, 31Snell & Wilmer, 16, 30, 62Spencer Fane, 16, 30Squire Patton Boggs, 14, 33, 42, 50, 78, 84Stephenson Harwood, 62Steptoe & Johnson, 12, 28, 58Stikeman Elliott, 60, 77Stinson Leonard Street, 18, 30, 62, 85Stocche Forbes Padis Filizzola Clapis Advogados, 87Stoel Rives, 18, 30, 64Stradling Yocca Carlson & Rauth, 84Stroock & Stroock & Lavan, 8, 28, 62Sullivan & Cromwell, 4, 24, 36, 48, 76, 77, 78, 81, 82, 85, 87Sullivan & Worcester, 16, 29, 85

TTahota Law Firm, 70, 72Taylor Wessing, 56Thompson & Knight, 14, 28, 64Thompson Coburn, 20, 30Thompson Hine, 18, 30, 64Tian Yuan Law Firm, 66, 73TMI Associates, 73Torys, 86Travers Smith, 64Troutman Sanders, 12, 28, 42, 54

VV&T Law Firm, 70, 73Vedder Price, 14, 27, 62Venable, 12, 29, 42, 54, 85Vinge, 77Vinson & Elkins, 6, 25, 38, 52, 77, 78, 81, 85, 86Vorys, Sater, Seymour and Pease, 20, 31

W Wachtell, Lipton, Rosen & Katz, 4, 24, 36, 50, 76, 77Walkers, 78Watson Farley & Williams, 64, 87Weil, Gotshal & Manges, 4, 25, 36, 48, 76, 77White & Case, 6, 27, 38, 46, 76, 77, 80, 81, 82, 83, 86, 87Wiley Rein, 12, 26, 64Williams & Connolly, 10, 26, 56Williams Mullen, 18, 29Willkie Farr & Gallagher, 4, 25, 36, 52, 77, 82Wilmer Cutler Pickering Hale and Dorr, 8, 25, 38, 48, 78, 79Wilson Elser Moskowitz Edelman & Dicker, 22, 33, 60Wilson Sonsini Goodrich & Rosati, 6, 26, 38, 50, 77, 78, 79Winstead, 10, 28, 64Winston & Strawn, 8, 25, 38, 50, 85, 87Wintell & Co., 66Withers, 62Womble Bond Dickinson, 20, 33, 44, 54

YYingke, 44, 52, 70, 72Yoon & Yang, 73Yulchon, 73

ZZhong Lun Law Firm, 44, 54, 66, 72Zhong Lun W&D Law Firm, 70, 72Zhong Yin Law Firm, 70, 72

Law Firm Index Notes


Notes

ZEUGHAUSER GROUP is the firm of choice for legal industry leaders seeking to increase competitive advantage and profitability, enhance market position, and strengthen organizational culture.

STRATEGIC GROWTH SERVICES • Mergers and Acquisitions • Strategic Growth Planning at the Firm,

Practice, Industry, and Office Levels • Governance, Structure, Profitability,

Pricing, and Compensation Counseling

STRATEGIC MARKETING SERVICES • Strategic Marketing and Business

Development Planning at the Firm, Practice, Industry, Office, and Client Levels

• Positioning Strategies and Branding Programs • Client Service, Satisfaction, and

Teaming Programs • Marketing Organizational Models

and Assessments

LEADERSHIP ROUNDTABLES • ZG Leadership Roundtable for Law Firm

Chairs and Managing Partners • ZG Leadership Roundtable for

Chief Marketing Officers • ZG Leadership Roundtable for

Chief Operating Officers

RON BEARD [email protected] t: 949•360•0122 m: 949•887•3296

ALEX DIMITRIEF [email protected] m: 203•947•2233

R. BRUCE MCLEAN [email protected] m: 202•297•8789

PAUL PEARLMAN [email protected] m: 917•861•5221

NORM RUBENSTEIN [email protected] m: 202•256•2668

JACK WALKER [email protected] t: 323•664•2881 m: 213•215•5871

MARY K YOUNG [email protected] m: 301•346•9878

PETER ZEUGHAUSER [email protected] m: 949•878•7444

KENT ZIMMERMANN [email protected] m: 312•810•8008

LONNIE ZWERIN [email protected] m: 415•307•4623

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